Bank Lending Rate in Taiwan decreased to 2.63 percent in October from 2.64 percent in September of 2018. Bank Lending Rate in Taiwan averaged 8.71 percent from 1961 until 2018, reaching an all time high of 16.50 percent in January of 1974 and a record low of 2.56 percent in December of 2009.
Bank Lending Rate in Taiwan is expected to be 2.64 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 Taiwan to stand at 2.76 in 12 months time. In the long-term, the Taiwan Prime Lending Rate is projected to trend around 3.26 percent in 2020, according to our econometric models.