Bank Lending Rate in Zimbabwe increased to 14.37 percent in August from 9.54 percent in July of 2019. Bank Lending Rate in Zimbabwe averaged 11.94 percent from 2011 until 2019, reaching an all time high of 16.04 percent in March of 2012 and a record low of 8.86 percent in September of 2017.
Bank Lending Rate in Zimbabwe is expected to be 19.00 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 Zimbabwe to stand at 25.00 in 12 months time. In the long-term, the Zimbabwe Bank Lending Rate is projected to trend around 20.00 percent in 2020, according to our econometric models.