Peru

Business Credit Interest Rate

6.87
percent
Oct 10Jun 11Feb 12Oct 12Jun 13Feb 14Oct 14Jun 15Feb 16Oct 16Jun 17Feb 18Nov 18Jul 19Apr 20Jan 21Sep 21Sep 220.0003.0006.0009.00012.00
  • Peru
  • Global Median
Source: IMF

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Definition of Business Credit Interest Rate

The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.

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