Bank Lending Rate in Portugal remained unchanged at 2.20 percent in August from 2.20 percent in July of 2021. source: Banco de Portugal

Bank Lending Rate in Portugal averaged 5.11 percent from 2003 until 2021, reaching an all time high of 8.08 percent in October of 2008 and a record low of 1.63 percent in May of 2020. This page provides - Portugal Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Bank Lending Rate - values, historical data and charts - was last updated on October of 2021.

Bank Lending Rate in Portugal is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Bank Lending Rate is projected to trend around 2.20 percent in 2022, according to our econometric models.

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Portugal Bank Lending Rate

Portugal Last Unit Reference Previous Highest Lowest
Consumer Credit 123483.60 EUR Million Aug/21 123052.00 141993.00 33832.00
Personal Spending 7.10 percent Aug/21 6.80 7.10 -7.60
Bank Lending Rate 2.20 percent Aug/21 2.20 8.08 1.63

Portugal Bank Lending Rate
In Portugal, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies.