Bank Lending Rate in Singapore remained unchanged at 5.25 percent in December from 5.25 percent in November of 2020. source: Monetary Authority of Singapore

Bank Lending Rate in Singapore averaged 6.52 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 January of 2021.

Bank Lending Rate in Singapore is expected to be 5.37 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 5.37 in 12 months time. In the long-term, the Singapore Prime Lending Rate is projected to trend around 5.37 percent in 2022 and 5.74 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Singapore Prime Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.25 5.25 14.98 5.25 1978 - 2020 percent Monthly

Singapore Consumer Last Previous Highest Lowest Unit
Retail Sales MoM 7.30 0.20 50.70 -31.30 percent [+]
Retail Sales YoY -1.90 -8.50 50.70 -52.00 percent [+]
Consumer Spending 39334.80 32250.50 45597.80 4470.60 SGD Million [+]
Private Sector Credit 619008.90 618148.20 619008.90 56535.00 SGD Million [+]
Bank Lending Rate 5.25 5.25 14.98 5.25 percent [+]
Households Debt To GDP 52.80 51.10 59.30 21.80 percent of GDP [+]
Gasoline Prices 1.51 1.46 1.80 0.61 USD/Liter [+]


Singapore Prime Lending Rate
In Singapore, the prime lending rate is the average rate of interest charged on loans by 10 Singaporean leading banks and finance companies to private individuals and companies.