Guinea

Interest Rates On Bank Credit To The Private Sector

19.38
Dec 86Dec 87Dec 88Dec 89Dec 90Dec 91Dec 92Dec 93Dec 94Dec 95Dec 96Dec 97Dec 98Dec 99Dec 000.0007.00014.0021.0028.00
  • Guinea
  • Global Median
Source: IMF

Definition of Interest Rates On Bank Credit To The Private Sector

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

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