Bank Lending Rate in Kuwait decreased to 4.04 percent in the second quarter of 2020 from 4.67 percent in the first quarter of 2020. source: Central Bank of Kuwait
Bank Lending Rate in Kuwait averaged 6.84 percent from 1987 until 2020, reaching an all time high of 9.10 percent in the fourth quarter of 2000 and a record low of 4.04 percent in the second quarter of 2020. This page provides - Kuwait Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Bank Lending Rate - values, historical data and charts - was last updated on January of 2021.
Bank Lending Rate in Kuwait is expected to be 4.82 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 Kuwait to stand at 4.76 in 12 months time. In the long-term, the Kuwait Bank Lending Rate is projected to trend around 5.07 percent in 2021 and 4.76 percent in 2022, according to our econometric models.