Interest rate on bank loans reached 9.47% in third quarter of 2015 in Namibia, according to the National Central Bank. This is 3.35% more than in the previous quarter.
Historically, interest rate on bank loans in Namibia reached an all time high of 24.2% in 1Q1991 and an all time low of 8.26% in 4Q2013.
Namibia has been ranked 53rd within the group of 100 countries we follow in terms of interest rate on bank loans.
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