Bank Lending Rate in Philippines decreased to 7.20 percent in April from 7.42 percent in March of 2019. Bank Lending Rate in Philippines averaged 13.03 percent from 1976 until 2019, reaching an all time high of 39.73 percent in December of 1984 and a record low of 5.09 percent in February of 2015.

Bank Lending Rate in Philippines is expected to be 7.42 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 Philippines to stand at 7.42 in 12 months time. In the long-term, the Philippines Bank Lending Rate is projected to trend around 6.92 percent in 2020, according to our econometric models.

Philippines Bank Lending Rate
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Philippines Consumer Last Previous Highest Lowest Unit
Consumer Confidence -1.30 -0.50 13.10 -52.80 Index Points [+]
Retail Sales Yoy 1.60 1.30 79.50 -3.13 percent [+]
Consumer Spending 1568669.77 1789083.47 1789083.47 305524.42 PHP Million [+]
Personal Savings 4572967.00 4547854.57 4689905.96 1124351.04 Million PHP [+]
Bank Lending Rate 7.20 7.42 39.73 5.09 percent [+]
Retail Sales Mom 0.20 0.10 14.43 -2.51 percent [+]
Gasoline Prices 1.03 1.05 1.29 0.34 USD/Liter [+]
Consumer Credit 373.30 359.10 373.30 76.00 PHP Billion [+]
Consumer Confidence Current Conditions 13.90 26.60 26.60 -81.20 [+]
Consumer Confidence Economic Expectations 40.40 39.30 67.70 -48.90 [+]
Consumer Confidence Unemployment Expectations 1.90 -4.20 76.10 -27.80 [+]


Philippines Bank Lending Rate

In Philippines, the bank lending rate is lower band of the lending rates of interest charged on loans by commercial banks to private individuals and companies. This page provides - Philippines Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Bank Lending Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.20 7.42 39.73 5.09 1976 - 2019 percent Monthly




Country Last Previous
Brazil 53.57 Apr/19
South Africa 10.25 May/19
India 9.40 Jun/19
Russia 9.14 Apr/19
Australia 8.66 May/19
United States 5.50 May/19
Singapore 5.25 May/19
China 4.35 May/19
Canada 3.95 Jun/19
South Korea 3.65 Apr/19
Germany 2.10 Apr/19
Euro Area 2.01 Apr/19
Italy 1.98 Apr/19
United Kingdom 1.75 Jun/19
France 1.73 Apr/19
Spain 1.05 Apr/19
Japan 1.00 May/19
Netherlands 0.84 Apr/19


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