Bank Lending Rate in Singapore remained unchanged at 5.25 percent in August from 5.25 percent in July of 2020.
Bank Lending Rate in Singapore averaged 6.53 percent from 1978 until 2020, reaching an all time high of 14.98 percent in October of 1981 and a record low of 5.25 percent in March of 2019. This page provides - Singapore Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Prime Lending Rate - values, historical data and charts - was last updated on October of 2020. source: Monetary Authority of Singapore
Bank Lending Rate in Singapore is expected to be 5.19 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 Singapore to stand at 5.24 in 12 months time. In the long-term, the Singapore Prime Lending Rate is projected to trend around 5.24 percent in 2021 and 5.74 percent in 2022, according to our econometric models.