Lending Rate in Zimbabwe remained unchanged at 85 percent in July from 85 percent in June of 2021. source: Reserve Bank of Zimbabwe

Lending Rate in Zimbabwe averaged 34.25 percent from 2011 until 2021, reaching an all time high of 85 percent in February of 2021 and a record low of 16 percent in December of 2015. This page provides - Zimbabwe Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Zimbabwe Lending Rate - values, historical data and charts - was last updated on October of 2021.

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Zimbabwe Lending Rate

Zimbabwe Last Unit Reference Previous Highest Lowest
Interest Rate 40.00 percent Sep/21 40.00 70.00 15.00
Money Supply M1 306098411.00 USD Thousands Jul/21 279979150.00 306098411.00 216333.00
Money Supply M2 329133674.00 USD Thousands Jul/21 301374748.00 329133674.00 297563.00
Money Supply M3 330656853.00 USD Thousands Jul/21 302934409.00 330656853.00 297626.00
Deposit Interest Rate 26.00 percent Jul/21 26.00 203.38 3.52
Lending Rate 85.00 percent Jul/21 85.00 85.00 16.00
Banks Balance Sheet 481102.60 USD Million Jul/21 425601.60 481102.60 601.60

Zimbabwe Lending Rate
In Zimbabwe, Nominal Lending Rates represent the upper base lending rate on commercial loans from a range of minimum nominal rates quoted by commercial banks.