Togo

Business Credit Interest Rate

7.48
percent
Apr 05Apr 06Apr 07Apr 08Apr 09Apr 10Apr 11Apr 12Apr 13Apr 14Apr 15Apr 16Apr 17Apr 18Apr 19Apr 20May 21Jun 220.0004.0008.00012.0016.00
  • Togo
  • Global Median
Source: IMF

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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