Bank Lending Rate in Peru increased to 0.72 percent in December from 0.70 percent in November of 2019. Bank Lending Rate in Peru averaged 6.36 percent from 1992 until 2019, reaching an all time high of 58.30 percent in February of 1992 and a record low of 0.45 percent in April of 2014. source: Central Reserve Bank of Peru
Bank Lending Rate in Peru is expected to be 0.70 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 Peru to stand at 0.70 in 12 months time. In the long-term, the Peru Bank Savings Rate is projected to trend around 0.70 percent in 2020, according to our econometric models.