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Interest Rate on Bank Loans (Local Currency) in Singapore

Source: National Central Bank, Monetary Authority of Singapore
Last Updated: July 24, 2023

Interest rate on bank loans reached 5.35% in fourth quarter of 2015 in Singapore, according to the National Central Bank. This is 0% more than in the previous quarter.

Historically, interest rate on bank loans in Singapore reached an all time high of 7.89% in 3Q1991 and an all time low of 5.30% in 2Q2006.

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