Interest Spread fell to 6.58% in Maldives in 2017

Interest Spread (%)
Banking | Maldives | May 17, 2019
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Excel Sheet

Interest spread, which is the difference between interest rate on loans and deposits reached 4.50 % in 1993 in Maldives, according to the National Central Bank. This is 25.3 % less than in the previous year.

Historically, interest spread, which is the difference between interest rate on loans and deposits in Maldives reached an all time high of 8.20 % in 1996 and an all time low of 4.50 % in 1993. When compared to Maldives's main peers, interest spread, which is the difference between interest rate on loans and deposits in Indonesia amounted to 6.04 %, 3.09 % in Singapore and 6.43 % in Sri Lanka in 1993.

Maldives has been ranked 81st within the group of 113 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.

Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial banks for demand, time, or savings deposits.

Interest Spread (Difference Between Interest Rate on Loans and Deposits) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia % 3.40% 3.06% 2.93% 3.05% 3.27%
Bangladesh % 4.48% 3.73% 1.87% 3.15% 3.47%
China % 3.06% 3.00% 3.00% 2.85% 2.85%
India % ... ... ... ... ... ... ... ... ...
Indonesia % 5.47% 5.85% 5.39% 3.85% 4.33%
Malaysia % 2.00% 1.81% 1.64% 1.54% 1.45%
Maldives % 6.02% 6.75% 7.34% 7.28% 6.98%
Myanmar % 5.00% 5.00% 5.00% 5.00% 5.00%
Pakistan % 6.19% 5.54% 4.81% 4.47% 4.18%
Philippines % 3.28% 2.52% 4.11% 4.30% 3.99%
Singapore % 5.21% 5.24% 5.24% 5.21% 5.17%
Sri Lanka % 2.98% 4.62% 2.22% 0.340% 0.971%
Thailand % 2.61% 2.59% 2.63% 3.20% 3.30%