Bank Lending Rate in Tanzania increased to 14.12 percent in April from 13.80 percent in March of 2022. source: Bank of Tanzania

Bank Lending Rate in Tanzania averaged 13.04 percent from 2003 until 2022, reaching an all time high of 17.91 percent in September of 2017 and a record low of 7.53 percent in March of 2004. This page provides - Tanzania Bank Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Tanzania Bank Lending Rate - values, historical data and charts - was last updated on July of 2022.

Bank Lending Rate in Tanzania is expected to be 14.12 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania Bank Lending Rate is projected to trend around 16.12 percent in 2023 and 14.12 percent in 2024, according to our econometric models.

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Tanzania Bank Lending Rate

Related Last Previous Unit Reference
Private Sector Credit 23422.50 23225.10 TZS Billion Apr 2022
Bank Lending Rate 14.12 13.80 percent Apr 2022

Tanzania Bank Lending Rate
In Tanzania, the negotiated lending rate is an average rate of lending rates for prime customers.
Actual Previous Highest Lowest Dates Unit Frequency
14.12 13.80 17.91 7.53 2003 - 2022 percent Monthly