Bank Lending Rate in Ireland increased to 4.15 percent in August from 4.13 percent in July of 2023. Bank Lending Rate in Ireland averaged 3.64 percent from 1991 until 2023, reaching an all time high of 25.00 percent in January of 1993 and a record low of 0.54 percent in April of 2021. source: Central Bank of Ireland
Bank Lending Rate in Ireland is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Clearing Banks Prime Rate is projected to trend around 4.65 percent in 2027 and 4.15 percent in 2028, according to our econometric models.