Bank Lending Rate in Russia decreased to 9 percent in October from 9.09 percent in September of 2018. Bank Lending Rate in Russia averaged 34.31 percent from 1995 until 2018, reaching an all time high of 449.40 percent in February of 1995 and a record low of 7.90 percent in July of 2011.
Bank Lending Rate in Russia is expected to be 8.80 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 Russia to stand at 7.80 in 12 months time. In the long-term, the Russia Bank Lending Rate is projected to trend around 6.80 percent in 2020, according to our econometric models.