Commercial bank prime lending rate: 11.3% (31 December 2017 est.)
11.89% (31 December 2016 est.)
note: these figures represent the average annualized rate on working capital loans
Definition: This entry provides a simple average of annualized interest rates commercial banks charge on new loans, denominated in the national currency, to their most credit-worthy customers.
Source: CIA World Factbook - This page was last updated on January 20, 2018