Bank Lending Rate in Ireland remained unchanged at 1 percent in October from 1 percent in September of 2018. Bank Lending Rate in Ireland averaged 4.05 percent from 1991 until 2018, reaching an all time high of 25 percent in January of 1993 and a record low of 1 percent in April of 2016.
Bank Lending Rate in Ireland is expected to be 1.00 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 Ireland to stand at 1.25 in 12 months time. In the long-term, the Ireland Clearing Banks Prime Rate is projected to trend around 1.75 percent in 2020, according to our econometric models.