Bank Lending Rate in Kuwait decreased to 3.74 percent in the second quarter of 2021 from 3.85 percent in the first quarter of 2021. source: Central Bank of Kuwait

Bank Lending Rate in Kuwait averaged 6.75 percent from 1987 until 2021, reaching an all time high of 9.10 percent in the fourth quarter of 2000 and a record low of 3.74 percent in the second quarter of 2021. This page provides - Kuwait Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Bank Lending Rate - values, historical data and charts - was last updated on November of 2021.

Bank Lending Rate in Kuwait is expected to be 3.74 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Bank Lending Rate is projected to trend around 4.24 percent in 2022 and 4.49 percent in 2023, according to our econometric models.

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Kuwait Bank Lending Rate

Related Last Previous Unit Reference
Consumer Spending 17100.40 16642.90 KWD Million Dec/19
Bank Lending Rate 3.74 3.85 percent Jun/21
Kuwait Bank Lending Rate
In Kuwait, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies.