Bank Lending Rate in Japan increased to 1.20 percent in June from 1.10 percent in May of 2022. source: Bank of Japan

Bank Lending Rate in Japan averaged 4.76 percent from 1966 until 2022, reaching an all time high of 9.90 percent in October of 1974 and a record low of 0.90 percent in August of 2016. This page provides - Japan Long Term Prime Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Long Term Prime Rate - values, historical data and charts - was last updated on June of 2022.

Bank Lending Rate in Japan is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Long Term Prime Rate is projected to trend around 1.20 percent in 2023, according to our econometric models.

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Japan Long Term Prime Rate



Related Last Previous Unit Reference
Bank Lending Rate 1.20 1.10 percent Jun 2022
Consumer Credit 477075.00 473239.00 JPY Billion Dec 2021

Japan Long Term Prime Rate
In Japan, the Long Term Prime Rate is the average rate of interest charged on loans by commercial banks to private individuals and companies. The Long Term Prime Rate is adopted and released by Mizuho Corporate Bank.
Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.10 9.90 0.90 1966 - 2022 percent Monthly