Bank Lending Rate in Taiwan decreased to 2.58 percent in April from 2.63 percent in March of 2020.

Bank Lending Rate in Taiwan averaged 8.55 percent from 1961 until 2020, reaching an all time high of 16.50 percent in January of 1974 and a record low of 2.56 percent in December of 2009. This page provides - Taiwan Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Prime Lending Rate - values, historical data and charts - was last updated on July of 2020.

Bank Lending Rate in Taiwan is expected to be 2.58 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 Taiwan to stand at 2.45 in 12 months time. In the long-term, the Taiwan Prime Lending Rate is projected to trend around 2.45 percent in 2021 and 2.58 percent in 2022, according to our econometric models.

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Taiwan Prime Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.58 2.63 16.50 2.56 1961 - 2020 percent Monthly

Taiwan Consumer Last Previous Highest Lowest Unit
Consumer Confidence 68.77 64.87 97.52 48.42 points [+]
Retail Sales Mom -4.20 4.20 11.53 -23.80 percent [+]
Retail Sales YoY -5.80 -10.20 21.94 -11.89 percent [+]
Consumer Spending 2390658.00 2453705.00 2453705.00 369944.00 TWD Million [+]
Disposable Personal Income 8956900.00 8721300.00 8956900.00 61500.00 TWD Million [+]
Personal Savings 1944200.00 1774100.00 1944200.00 6900.00 TWD Million [+]
Consumer Credit 8910131.00 8861643.00 8910131.00 741707.00 TWD Million [+]
Bank Lending Rate 2.58 2.63 16.50 2.56 percent [+]
Consumer Confidence Economic Expectations 71.60 71.55 93.55 60.95 [+]
Consumer Confidence Financial Expectations 76.25 76.75 92.90 61.10 [+]
Consumer Confidence Major Purchases Expectations 84.85 84.15 109.30 67.70 [+]
Consumer Confidence Price Trends 45.45 44.00 113.75 41.30 [+]
Consumer Confidence Unemployment Expectations 100.40 101.70 115.85 42.45 [+]


Taiwan Prime Lending Rate
In Taiwan, the bank lending rate is the average rate of interest charged on loans by 5 major commercial banks to private individuals.