Bank Lending Rate In the Euro Area increased to 1.74 percent in July from 1.60 percent in June of 2020.
Bank Lending Rate in the Euro Area averaged 3.89 percent from 2000 until 2020, reaching an all time high of 6.52 percent in October of 2008 and a record low of 1.42 percent in May of 2020. This page provides - Euro Area Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Bank Lending Rate - values, historical data and charts - was last updated on September of 2020. source: European Central Bank
Bank Lending Rate in Euro Area is expected to be 1.74 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Euro Area to stand at 1.74 in 12 months time. In the long-term, the Euro Area Bank Lending Rate is projected to trend around 1.74 percent in 2021, according to our econometric models.