Bank Lending Rate in Austria decreased to 1.59 percent in December from 1.67 percent in November of 2019. Austria Prime Lending Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Bank Lending Rate in Austria averaged 3.43 percent from 1999 until 2019, reaching an all time high of 7.02 percent in November of 2000 and a record low of 1.59 percent in December of 2019. This page provides - Austria Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in Austria is expected to be 1.68 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Austria to stand at 1.68 in 12 months time. In the long-term, the Austria Prime Lending Rate is projected to trend around 1.68 percent in 2021, according to our econometric models.

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Austria Prime Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.59 1.67 7.02 1.59 1999 - 2019 percent Monthly

Austria Prime Lending Rate
In Austria, the prime lending rate rate is the floating rate of interest charged on loans of up to and including EUR 1 million EUR by commercial banks to new businesses..