Bank Lending Rate in Tanzania decreased to 13.64 percent in May from 13.76 percent in April of 2021. source: Bank of Tanzania

Bank Lending Rate in Tanzania averaged 12.99 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 August of 2021.

Bank Lending Rate in Tanzania is expected to be 13.64 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 Tanzania to stand at 13.64 in 12 months time. In the long-term, the Tanzania Bank Lending Rate is projected to trend around 13.64 percent in 2022, according to our econometric models.

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Tanzania Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
13.64 13.76 17.91 7.53 2003 - 2021 percent Monthly

Tanzania Consumer Last Previous Highest Lowest Unit
Private Sector Credit 20708.00 20659.70 20708.00 4586.90 TZS Billion [+]
Gasoline Prices 1.04 0.97 1.41 0.42 USD/Liter [+]
Bank Lending Rate 13.64 13.76 17.91 7.53 percent [+]

Tanzania Bank Lending Rate
In Tanzania, the negotiated lending rate is an average rate of lending rates for prime customers.