Bank Lending Rate in Sri Lanka increased to 12.25 percent in October from 11.74 percent in September of 2018. Bank Lending Rate in Sri Lanka averaged 12.92 percent from 1997 until 2018, reaching an all time high of 23.20 percent in January of 2001 and a record low of 6 percent in June of 2015.

Bank Lending Rate in Sri Lanka is expected to be 11.74 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 Sri Lanka to stand at 12.99 in 12 months time. In the long-term, the Sri Lanka Prime Lending Rate is projected to trend around 11.99 percent in 2020, according to our econometric models.

Sri Lanka Prime Lending Rate
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Sri Lanka Consumer Last Previous Highest Lowest Unit
Consumer Spending 8262817.00 8003788.60 8262817.00 2992.00 LKR Million [+]
Personal Savings 15.20 23.80 27.20 13.90 percent [+]
Private Sector Credit 5371049.60 5274338.00 5371049.60 4010.70 LKR Million [+]
Bank Lending Rate 12.25 11.74 23.20 6.00 percent [+]


Sri Lanka Prime Lending Rate

In Sri Lanka, the Prime lending rate, is the average rate of interest charged on loans by commercial banks to private individuals and companies. The prime rate is estimated weekly by the Central Bank of Sri Lanka. This page provides - Sri Lanka Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Prime Lending Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
12.25 11.74 23.20 6.00 1997 - 2018 percent Monthly




Country Last Previous
Brazil 51.88 Oct/18
South Africa 10.25 Nov/18
India 9.45 Nov/18
Russia 9.09 Sep/18
Australia 8.65 Nov/18
Singapore 5.33 Nov/18
United States 5.25 Nov/18
China 4.35 Nov/18
Canada 3.95 Nov/18
South Korea 3.64 Oct/18
Germany 2.03 Oct/18
Euro Area 1.99 Oct/18
Italy 1.93 Oct/18
United Kingdom 1.75 Nov/18
France 1.67 Oct/18
Spain 1.19 Oct/18
Japan 1.00 Oct/18
Netherlands 0.96 Oct/18


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