Interest rate on bank loans reached 16.2% in 2021 in Rwanda, according to the National Central Bank. This is 1.03% less than in the previous year.
Historically, interest rate on bank loans in Rwanda reached an all time high of 19.0% in 1991 and an all time low of 12.0% in 1988.
Rwanda has been ranked 14th within the group of 94 countries we follow in terms of interest rate on bank loans.
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