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

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

Interest spread, which is the difference between interest rate on loans and deposits reached 3.32 % in 2008 in Ethiopia, according to the National Central Bank. This is 1.88 % less than in the previous year.

Historically, interest spread, which is the difference between interest rate on loans and deposits in Ethiopia reached an all time high of 5.13 % in 1992 and an all time low of 2.50 % in 1993.

Ethiopia has been ranked 106th within the group of 147 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits, 11 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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