Bank Lending Rate in Thailand decreased to 6.87 percent in August from 7 percent in July of 2019. Bank Lending Rate in Thailand averaged 9.27 percent from 1989 until 2019, reaching an all time high of 16.50 percent in December of 1990 and a record low of 5.75 percent in January of 2005.
Bank Lending Rate in Thailand is expected to be 7.00 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 Thailand to stand at 7.00 in 12 months time. In the long-term, the Thailand Prime Lending Rate is projected to trend around 7.25 percent in 2020, according to our econometric models.