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Interest Rate on Bank Loans (Local Currency) in Malaysia

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 3.44% in 2021 in Malaysia, according to the National Central Bank. This is 12.7% less than in the previous year.

Historically, interest rate on bank loans in Malaysia reached an all time high of 12.6% in 1985 and an all time low of 3.44% in 2021.

Malaysia has been ranked 83rd within the group of 94 countries we follow in terms of interest rate on bank loans.

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