Bank Lending Rate in Japan remained unchanged at 1 percent in May from 1 percent in April of 2019. Bank Lending Rate in Japan averaged 4.98 percent from 1966 until 2019, reaching an all time high of 9.90 percent in October of 1974 and a record low of 0.90 percent in August of 2016.
Bank Lending Rate in Japan is expected to be 1.00 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 Japan to stand at 1.00 in 12 months time. In the long-term, the Japan Long Term Prime Rate is projected to trend around 1.20 percent in 2020, according to our econometric models.