Interest rate on bank loans reached 12.7% in second quarter of 2008 in Ecuador, according to the National Central Bank. This is 4.60% less than in the previous quarter.
Historically, interest rate on bank loans in Ecuador reached an all time high of 66.5% in 3Q1992 and an all time low of 8.89% in 4Q2004.
Ecuador has been ranked 68th within the group of 135 countries we follow in terms of interest rate on bank loans.
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