Bank Lending Rate in Israel decreased to 3.52 percent in June from 3.55 percent in May of 2019. Bank Lending Rate in Israel averaged 64.38 percent from 1979 until 2019, reaching an all time high of 1486 percent in October of 1984 and a record low of 3.39 percent in August of 2015.
Bank Lending Rate in Israel is expected to be 3.80 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 Israel to stand at 4.05 in 12 months time. In the long-term, the Israel Bank Prime Rate is projected to trend around 4.30 percent in 2020, according to our econometric models.