Interest rate on bank loans reached 5.63% in third quarter of 2015 in Philippines, according to the National Central Bank. This is 1.98% more than in the previous quarter.
Historically, interest rate on bank loans in Philippines reached an all time high of 27.0% in 4Q1990 and an all time low of 5.43% in 1Q2015.
Philippines has been ranked 76th within the group of 100 countries we follow in terms of interest rate on bank loans.
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