Bank Lending Rate in Israel remained unchanged at 3.11 percent in June from 3.11 percent in May of 2021. source: Bank of Israel

Bank Lending Rate in Israel averaged 61.51 percent from 1979 until 2021, reaching an all time high of 1486 percent in October of 1984 and a record low of 3.11 percent in June of 2021. This page provides - Israel Bank Prime Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Bank Prime Rate - values, historical data and charts - was last updated on December of 2021.

Bank Lending Rate in Israel is expected to be 3.11 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Bank Prime Rate is projected to trend around 3.26 percent in 2022 and 3.51 percent in 2023, according to our econometric models.

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Israel Bank Prime Rate

Related Last Previous Unit Reference
Private Sector Credit 1130293.00 1113133.00 ILS Million Aug/21
Bank Lending Rate 3.11 3.11 percent Jun/21
Economic Optimism Index 139.70 139.60 points Oct/21
Consumer Credit 649.66 640.91 ILS Billion Aug/21
Israel Bank Prime Rate
In Israel, the prime lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies.