Bank Lending Rate in Sri Lanka increased to 16.38 percent in April from 9.85 percent in March of 2022. source: Central Bank of Sri Lanka

Bank Lending Rate in Sri Lanka averaged 12.37 percent from 1997 until 2022, reaching an all time high of 23.20 percent in January of 2001 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 July of 2022.

Bank Lending Rate in Sri Lanka is expected to be 17.88 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 19.88 percent in 2023 and 10.88 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 8142510.10 6679451.10 LKR Million Mar 2022
Bank Lending Rate 16.38 9.85 percent Apr 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
16.38 9.85 23.20 5.51 1997 - 2022 percent Monthly