Interest Rate on Bank Loans (Local Currency) in Russia

Interest rate on bank loans reached 7.18% in 2021 in Russia, according to the National Central Bank. This is 5.98% more than in the previous year.

Historically, interest rate on bank loans in Russia reached an all time high of 320% in 1995 and an all time low of 6.78% in 2020.

Russia has been ranked 55th within the group of 94 countries we follow in terms of interest rate on bank loans.