Bank Lending Rate in Russia increased to 7.11 percent in July from 6.57 percent in June of 2021. source: Central Bank of Russia

Bank Lending Rate in Russia averaged 31.53 percent from 1995 until 2021, reaching an all time high of 449.40 percent in February of 1995 and a record low of 5.88 percent in November of 2020. This page provides - Russia Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Bank Lending Rate - values, historical data and charts - was last updated on October of 2021.

Bank Lending Rate in Russia is expected to be 7.86 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Bank Lending Rate is projected to trend around 7.36 percent in 2022 and 6.86 percent in 2023, according to our econometric models.

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Russia Bank Lending Rate


Russia Last Unit Reference Previous Highest Lowest
Private Sector Credit 59455943.00 RUB Million Jun/21 58320870.00 59455943.00 6179836.00
Consumer Credit 22674445.00 RUB Million Jun/21 22110335.00 22674445.00 1578632.00
Bank Lending Rate 7.11 percent Jul/21 6.57 449.40 5.88


Russia Bank Lending Rate
In Russia, the bank lending rate is the average rate of interest charged on loans up to one year by commercial banks to companies.