Bank Lending Rate in Luxembourg remained unchanged at 1.57 percent in August from 1.57 percent in July of 2020.
Bank Lending Rate in Luxembourg averaged 2.93 percent from 2003 until 2020, reaching an all time high of 6.24 percent in October of 2008 and a record low of 1.53 percent in October of 2015. This page provides - Luxembourg Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Bank Lending Rate - values, historical data and charts - was last updated on October of 2020.
Bank Lending Rate in Luxembourg is expected to be 1.98 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 Luxembourg to stand at 1.68 in 12 months time. In the long-term, the Luxembourg Bank Lending Rate is projected to trend around 2.48 percent in 2021 and 1.68 percent in 2022, according to our econometric models.