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Interest Rate on Bank Loans (Local Currency) in Russia

Source: OECD, Central Bank of the Russian Federation
Last Updated: July 24, 2023

Interest rate on bank loans reached 14.3% in third quarter of 2015 in Russia, according to the National Central Bank. This is 11.9% less than in the previous quarter.

Historically, interest rate on bank loans in Russia reached an all time high of 419% in 1Q1995 and an all time low of 7.93% in 3Q2011.

Russia has been ranked 27th within the group of 100 countries we follow in terms of interest rate on bank loans.

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