Interest rate on bank loans reached 45.3% in third quarter of 2015 in Brazil, according to the National Central Bank. This is 6.26% more than in the previous quarter.
Historically, interest rate on bank loans in Brazil reached an all time high of 97.7% in 1Q1999 and an all time low of 26.2% in 2Q2013.
Brazil has been ranked 2nd within the group of 100 countries we follow in terms of interest rate on bank loans.
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