Bank Lending Rate in Tanzania decreased to 14.07 percent in September from 14.44 percent in August of 2021. source: Bank of Tanzania

Bank Lending Rate in Tanzania averaged 13.01 percent from 2003 until 2021, 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 November of 2021.

Bank Lending Rate in Tanzania is expected to be 14.07 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania Bank Lending Rate is projected to trend around 14.07 percent in 2022 and 15.07 percent in 2023, according to our econometric models.

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Tanzania Bank Lending Rate


Related Last Previous Unit Reference
Private Sector Credit 21128.50 20972.50 TZS Billion Sep/21
Bank Lending Rate 14.07 14.44 percent Sep/21
Tanzania Bank Lending Rate
In Tanzania, the negotiated lending rate is an average rate of lending rates for prime customers.