Lending Rate in Philippines remained unchanged at 6.25 percent in May from 6.25 percent in April of 2023. source: Bangko Sentral ng Pilipinas
Lending Rate in Philippines averaged 9.38 percent from 1986 until 2023, reaching an all time high of 45.00 percent in August of 1993 and a record low of 2.50 percent in November of 2020. This page provides - Philippines Overnight Lending Facility Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Overnight Lending Facility Rate - values, historical data and charts - was last updated on June of 2023.
Lending Rate in Philippines is expected to be 6.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Overnight Lending Facility Rate is projected to trend around 5.00 percent in 2024 and 4.00 percent in 2025, according to our econometric models.