Bank Lending Rate in Russia increased to 7.11 percent in July from 6.57 percent in June of 2021. source: Central Bank of Russia

Bank Lending Rate in Russia averaged 31.53 percent from 1995 until 2021, reaching an all time high of 449.40 percent in February of 1995 and a record low of 5.88 percent in November of 2020. This page provides - Russia Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Bank Lending Rate - values, historical data and charts - was last updated on September of 2021.

Bank Lending Rate in Russia is expected to be 7.11 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Bank Lending Rate is projected to trend around 7.36 percent in 2022 and 6.86 percent in 2023, according to our econometric models.

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Russia Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.11 6.57 449.40 5.88 1995 - 2021 percent Monthly

Russia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -19.00 -18.00 1.00 -59.00 points [+]
Retail Sales MoM 0.60 1.10 23.20 -33.30 percent [+]
Retail Sales YoY 4.70 10.90 35.10 -23.20 percent [+]
Consumer Spending 11696.90 12722.30 13654.50 2546.70 RUB Billion [+]
Consumer Credit 22674445.00 22110335.00 22674445.00 1578632.00 RUB Million [+]
Private Sector Credit 59455943.00 58320870.00 59455943.00 6179836.00 RUB Million [+]
Bank Lending Rate 7.11 6.57 449.40 5.88 percent [+]
Gasoline Prices 0.68 0.67 1.00 0.28 USD/Liter [+]
Households Debt To GDP 22.10 21.50 22.10 0.60 percent of GDP [+]
Consumer Confidence Economic Expectations -3.00 -4.00 9.00 -39.00 [+]


Russia Bank Lending Rate
In Russia, the bank lending rate is the average rate of interest charged on loans up to one year by commercial banks to companies.