Lending Rate in Philippines decreased to 2 percent in September from 2.50 percent in August of 2021. source: Bangko Sentral ng Pilipinas
Lending Rate in Philippines averaged 9.65 percent from 1986 until 2021, reaching an all time high of 45 percent in August of 1993 and a record low of 2 percent in September of 2021. This page provides - Philippines Overnight Lending Facility Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Overnight Lending Facility Rate - values, historical data and charts - was last updated on October of 2021.
Lending Rate in Philippines is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Overnight Lending Facility Rate is projected to trend around 3.00 percent in 2022, according to our econometric models.