Laos

Interest Rates On Bank Credit To The Private Sector

22.61
Dec 91Dec 92Dec 93Dec 94Dec 95Dec 96Dec 98Dec 99Dec 02Dec 03Dec 04Dec 07Dec 08Dec 100.0008.00016.0024.0032.00
  • Laos
  • 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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