Interest Rate on Bank Loans fell to 3.91% in Czech Republic in 2016

Interest Rate on Bank Loans (%)
Banking | Czech Republic | December 11, 2018
$2.99
Excel Sheet

Interest rate on bank loans reached 3.91 % in 2016 in Czech Republic, according to the National Central Bank. This is 8.76 % less than in the previous year.

Historically, interest rate on bank loans in Czech Republic reached an all time high of 14.1 % in 1993 and an all time low of 3.91 % in 2016. When compared to Czech Republic's main peers, interest rate on bank loans in Austria amounted to 5.29 %, 2.09 % in Hungary, 3.52 % in Poland and 7.00 % in Slovakia in 2016.

Czech Republic has been ranked 122nd within the group of 131 countries we follow in terms of interest rate on bank loans, 7 places above the position seen 10 years ago.

The lending interest rate is the rate charged by banks on loans to prime customers.

Interest Rate on Bank Loans (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Austria % 5.01 4.80 4.76 4.96 4.87 ...
Czech Republic % 5.72 5.41 4.97 4.64 4.28
Germany % 3.68 3.99 5.17 4.95 5.08 ...
Hungary % 8.32 9.00 6.30 4.45 2.90
Italy % 4.60 5.22 5.14 4.87 4.13
Poland % 12.1 14.3 9.52 7.14 4.35 ...
Russia % 8.46 9.10 9.47 11.1 15.7 ...
Slovakia % 13.6 13.5 12.5 10.8 8.50 ...
Switzerland % 2.72 2.69 2.69 2.69 2.68 ...
Ukraine % 15.9 18.4 16.6 17.7 21.8