Zambia

Interest Rates On Bank Credit To The Private Sector

9.48
Dec 78Dec 81Dec 85Dec 88Dec 93Dec 96Dec 99Dec 02Dec 06Dec 09Dec 12Dec 16Dec 200.00030.0060.0090.00120.00
  • Zambia
  • Global Median
Source: IMF

Africa Ranking

15
Liberia13.25
16
Burundi12.63
17
Kenya12.08
18
Nigeria11.48
19
Lesotho11.33
20
Zambia9.48
21
Egypt9.43
23
Comoros8.09

News

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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