Bank Lending Rate in Bahamas increased to 11.05 percent in March from 9.61 percent in February of 2020.

Bank Lending Rate in Bahamas averaged 11.23 percent from 1998 until 2020, reaching an all time high of 13.27 percent in July of 2015 and a record low of 8.79 percent in January of 2019. This page provides - Bahamas Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bahamas Bank Lending Rate - values, historical data and charts - was last updated on July of 2020.

Bank Lending Rate in Bahamas is expected to be 10.55 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 Bahamas to stand at 10.55 in 12 months time. In the long-term, the Bahamas Bank Lending Rate is projected to trend around 10.55 percent in 2021 and 11.05 percent in 2022, according to our econometric models.

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Bahamas Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
11.05 9.61 13.27 8.79 1998 - 2020 percent Monthly

Bahamas Consumer Last Previous Highest Lowest Unit
Private Sector Credit 5778.70 5747.30 6686.40 1579.80 BSD Million [+]
Bank Lending Rate 11.05 9.61 13.27 8.79 percent [+]

Bahamas Bank Lending Rate
In Bahamas, the bank lending rate is the weighted average rate of interest charged on loans and overdrafts by commercial banks to consumers and companies.