Bank Lending Rate in Israel increased to 3.01 percent in March from 2.98 percent in February of 2022. source: Bank of Israel

Bank Lending Rate in Israel averaged 60.49 percent from 1979 until 2022, reaching an all time high of 1486 percent in October of 1984 and a record low of 2.95 percent in January of 2022. This page provides - Israel Bank Prime Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Bank Prime Rate - values, historical data and charts - was last updated on June of 2022.

Bank Lending Rate in Israel is expected to be 3.01 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Bank Prime Rate is projected to trend around 2.76 percent in 2023 and 2.51 percent in 2024, according to our econometric models.

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Israel Bank Prime Rate

Related Last Previous Unit Reference
Private Sector Credit 1275373.00 1258796.00 ILS Million Apr 2022
Bank Lending Rate 3.01 2.98 percent Mar 2022
Economic Optimism Index 140.70 140.60 points Apr 2022
Consumer Credit 694.22 687.27 ILS Billion Feb 2022

Israel Bank Prime Rate
In Israel, the prime lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies.
Actual Previous Highest Lowest Dates Unit Frequency
3.01 2.98 1486.00 2.95 1979 - 2022 percent Monthly