Hong Kong

Interest Rates On Bank Credit To The Private Sector

5
Dec 90Dec 92Dec 94Dec 97Dec 99Dec 01Dec 03Dec 05Dec 07Dec 09Dec 11Dec 13Dec 15Dec 17Dec 19Dec 210.0005.00010.0015.0020.00
  • Hong Kong
  • Global Median
Source: IMF

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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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