Interest Spread (Difference Between Interest Rate on Loans and Deposits) in Central African Republic

Source: National Central Bank
Last Updated: Mar 1, 2021

Interest spread, which is the difference between interest rate on loans and deposits reached 11.3 % in 2008 in Central African Republic, 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 Central African Republic reached an all time high of 17.0 % in 1997 and an all time low of 4.23 % in 1987. When compared to Central African Republic's main peers, interest spread, which is the difference between interest rate on loans and deposits in Cameroon amounted to 11.3 %, 11.3 % in Chad and 35.4 % in Dem. Republic of the Congo in 2008.

Central African Republic has been ranked 22nd within the group of 147 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits, 3 places behind the position seen 10 years ago.

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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