Interest rate on bank loans reached 12.6% in third quarter of 2015 in Georgia, according to the National Central Bank. This is 5.64% more than in the previous quarter.
Historically, interest rate on bank loans in Georgia reached an all time high of 63.2% in 1Q1996 and an all time low of 11.3% in 4Q2014.
Georgia has been ranked 38th within the group of 100 countries we follow in terms of interest rate on bank loans.
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