Bank Lending Rate in Italy decreased to 1.97 percent in March from 2.01 percent in February of 2019. Bank Lending Rate in Italy averaged 3.79 percent from 2003 until 2019, reaching an all time high of 6.48 percent in October of 2008 and a record low of 1.89 percent in January of 2018.
Bank Lending Rate in Italy is expected to be 1.98 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 Italy to stand at 2.23 in 12 months time. In the long-term, the Italy Bank Lending Rate is projected to trend around 2.73 percent in 2020, according to our econometric models.