Interest rate on bank loans reached 6.25% in 2021 in Benin, according to the National Central Bank. This is 4.40% less than in the previous year.
Historically, interest rate on bank loans in Benin reached an all time high of 16.8% in 1992 and an all time low of 4.74% in 2006.
Benin has been ranked 61st within the group of 94 countries we follow in terms of interest rate on bank loans.
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