Interest rate on bank loans reached 19.7% in third quarter of 2015 in Venezuela, according to the National Central Bank. This is 1.81% more than in the previous quarter.
Historically, interest rate on bank loans in Venezuela reached an all time high of 65.6% in 4Q1993 and an all time low of 15.2% in 3Q2006.
Venezuela has been ranked 10th within the group of 100 countries we follow in terms of interest rate on bank loans.
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