Bank Lending Rate in Tanzania decreased to 13.86 percent in December from 13.97 percent in November of 2020. source: Bank of Tanzania
Bank Lending Rate in Tanzania averaged 12.97 percent from 2003 until 2020, reaching an all time high of 17.91 percent in September of 2017 and a record low of 7.53 percent in March of 2004. This page provides - Tanzania Bank Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania Bank Lending Rate - values, historical data and charts - was last updated on March of 2021.
Bank Lending Rate in Tanzania is expected to be 12.93 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 Tanzania to stand at 14.93 in 12 months time. In the long-term, the Tanzania Bank Lending Rate is projected to trend around 14.93 percent in 2022 and 13.51 percent in 2023, according to our econometric models.