Bank Lending Rate in Sri Lanka decreased to 10.15 percent in November from 10.44 percent in October of 2019. Bank Lending Rate in Sri Lanka averaged 12.86 percent from 1997 until 2019, reaching an all time high of 23.20 percent in January of 2001 and a record low of 6 percent in June of 2015. source: Central Bank of Sri Lanka
Bank Lending Rate in Sri Lanka is expected to be 9.94 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 Sri Lanka to stand at 9.94 in 12 months time. In the long-term, the Sri Lanka Prime Lending Rate is projected to trend around 9.94 percent in 2020, according to our econometric models.