Bank Lending Rate in Russia decreased to 6.38 percent in July from 6.89 percent in June of 2020.

Bank Lending Rate in Russia averaged 32.52 percent from 1995 until 2020, reaching an all time high of 449.40 percent in February of 1995 and a record low of 6.38 percent in July 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 September of 2020. source: IMF

Bank Lending Rate in Russia is expected to be 6.13 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 Russia to stand at 6.13 in 12 months time. In the long-term, the Russia Bank Lending Rate is projected to trend around 6.13 percent in 2021 and 7.13 percent in 2022, according to our econometric models.

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Russia Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.38 6.89 449.40 6.38 1995 - 2020 percent Monthly

Russia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -30.00 -11.00 1.00 -59.00 points [+]
Retail Sales MoM 8.20 15.80 23.20 -33.30 percent [+]
Retail Sales YoY -2.70 -2.60 18.80 -23.20 percent [+]
Consumer Spending 11859.00 13378.50 13654.50 2546.70 RUB Billion [+]
Consumer Credit 18292676.00 18114537.00 18292676.00 1578632.00 RUB Million [+]
Private Sector Credit 49868225.00 49490582.00 49868225.00 6179836.00 RUB Million [+]
Bank Lending Rate 6.38 6.89 449.40 6.38 percent [+]
Households Debt To GDP 20.10 18.80 20.10 0.60 percent of GDP [+]
Gasoline Prices 0.63 0.65 1.00 0.28 USD/Liter [+]
Consumer Confidence Economic Expectations -3.00 -4.00 9.00 -39.00 [+]


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.