Bank Lending Rate in Israel increased to 4.74 percent in October from 4.33 percent in September of 2022. source: Bank of Israel

Bank Lending Rate in Israel averaged 59.74 percent from 1979 until 2022, reaching an all time high of 1486.00 percent in October of 1984 and a record low of 2.95 percent in January of 2022. 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 March of 2023.

Bank Lending Rate in Israel is expected to be 4.74 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 4.74 percent in 2024 and 3.49 percent in 2025, according to our econometric models.

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Israel Bank Prime Rate

Related Last Previous Unit Reference
Private Sector Credit 1376562.00 1365566.00 ILS Million Dec 2022
Bank Lending Rate 4.74 4.33 percent Oct 2022
Economic Optimism Index 148.40 148.60 points Jan 2023
Consumer Credit 763.40 758.72 ILS Billion Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
4.74 4.33 1486.00 2.95 1979 - 2022 percent Monthly