Bank Lending Rate in Sri Lanka increased to 24.94 percent in July from 22.62 percent in June of 2022. source: Central Bank of Sri Lanka

Bank Lending Rate in Sri Lanka averaged 12.47 percent from 1997 until 2022, reaching an all time high of 24.94 percent in July of 2022 and a record low of 5.51 percent in June of 2021. This page provides - Sri Lanka Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Prime Lending Rate - values, historical data and charts - was last updated on September of 2022.

Bank Lending Rate in Sri Lanka is expected to be 25.44 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Prime Lending Rate is projected to trend around 27.44 percent in 2023 and 18.44 percent in 2024, according to our econometric models.

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Sri Lanka Prime Lending Rate

Related Last Previous Unit Reference
Consumer Spending 11814865.00 10661955.00 LKR Million Dec 2021
Personal Savings 18.90 21.30 percent Dec 2020
Private Sector Credit 8501966.20 8487904.20 LKR Million Jun 2022
Bank Lending Rate 24.94 22.62 percent Jul 2022

Sri Lanka Prime Lending Rate
In Sri Lanka, the Prime lending rate, is the average rate of interest charged on loans by commercial banks to private individuals and companies. The prime rate is estimated weekly by the Central Bank of Sri Lanka.
Actual Previous Highest Lowest Dates Unit Frequency
24.94 22.62 24.94 5.51 1997 - 2022 percent Monthly