Bank Lending Rate In the Euro Area increased to 4.60 percent in March from 4.27 percent in February of 2023. source: European Central Bank

Bank Lending Rate in Euro Area averaged 3.69 percent from 2000 until 2023, reaching an all time high of 6.52 percent in October of 2008 and a record low of 1.42 percent in May of 2020. This page provides - Euro Area Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Bank Lending Rate - values, historical data and charts - was last updated on June of 2023.

Bank Lending Rate in Euro Area is expected to be 4.85 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Bank Lending Rate is projected to trend around 4.85 percent in 2024 and 3.85 percent in 2025, according to our econometric models.

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Euro Area Bank Lending Rate

Related Last Previous Unit Reference
Private Sector Credit 13012512.00 13022581.00 EUR Million Mar 2023
Consumer Credit 721145.80 720806.65 EUR Million Apr 2023
Bank Lending Rate 4.60 4.27 percent Mar 2023

Euro Area Bank Lending Rate
In Euro Area, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies.
Actual Previous Highest Lowest Dates Unit Frequency
4.60 4.27 6.52 1.42 2000 - 2023 percent Monthly