Libya

Interest Rates On Bank Credit To The Private Sector

6
Dec 64Dec 67Dec 70Dec 73Dec 76Dec 79Dec 82Dec 85Dec 88Dec 91Dec 00Dec 03Dec 08Dec 140.0004.0008.00012.0016.00
  • Libya
  • 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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