Interest Spread (Difference Between Interest Rate on Loans and Deposits) in Cameroon

Interest spread, which is the difference between interest rate on loans and deposits reached 11.3 % in 2008 in Cameroon, according to the National Central Bank. This is 4.65 % more than in the previous year.

Historically, interest spread, which is the difference between interest rate on loans and deposits in Cameroon reached an all time high of 17.0 % in 1998 and an all time low of 3.75 % in 1979. When compared to Cameroon's main peers, interest spread, which is the difference between interest rate on loans and deposits in Central African Republic amounted to 11.3 %, 11.3 % in Chad, 11.3 % in Gabon and 3.27 % in Nigeria in 2008.

Cameroon has been ranked 19th within the group of 147 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.

Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial banks for demand, time, or savings deposits.

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