Bank Lending Rate in Ireland increased to 2.89 percent in February from 2.63 percent in January of 2023. source: Central Bank of Ireland

Bank Lending Rate in Ireland averaged 3.63 percent from 1991 until 2023, reaching an all time high of 25.00 percent in January of 1993 and a record low of 0.54 percent in April of 2021. This page provides the latest reported value for - Ireland Clearing Banks Prime Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Clearing Banks Prime Rate - values, historical data and charts - was last updated on March of 2023.

Bank Lending Rate in Ireland is expected to be 3.39 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Clearing Banks Prime Rate is projected to trend around 2.89 percent in 2024 and 1.89 percent in 2025, according to our econometric models.

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Ireland Clearing Banks Prime Rate

Related Last Previous Unit Reference
Private Sector Credit 161580.00 166432.00 EUR Million Jan 2023
Bank Lending Rate 2.89 2.63 percent Feb 2023
Consumer Credit 11722.00 11702.00 EUR Million Jan 2023

Ireland Clearing Banks Prime Rate
In Ireland, the Clearing Banks Prime Rate is the rate of interest charged on loans by clearing banks to large commercial customers for short-term borrowing.
Actual Previous Highest Lowest Dates Unit Frequency
2.89 2.63 25.00 0.54 1991 - 2023 percent Monthly