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Interest Rate on Bank Loans (Local Currency) in New Zealand

Source: OECD, Reserve Bank of New Zealand
Last Updated: July 24, 2023

Interest rate on bank loans reached 5.53% in fourth quarter of 2015 in New Zealand, according to the National Central Bank. This is 4.05% less than in the previous quarter.

Historically, interest rate on bank loans in New Zealand reached an all time high of 9.15% in 3Q1998 and an all time low of 5.46% in 4Q2013.

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