Tonga

Business Credit Interest Rate

7.35
percent
Jun 10Mar 11Dec 11Sep 12Jun 13Mar 14Dec 14Sep 15Jun 16Mar 17Dec 17Sep 18Jun 19Mar 20Dec 20Dec 210.0004.0008.00012.0016.00
  • Tonga
  • 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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