In 2023, the average contract interest rate on new long-term loans and discounts of domestically licensed banks in Japan was 0.87 percent per annum. This represented an increase from 0.78 percent in the previous year.
Average contract interest rate on new long-term loans and discounts of banks in Japan from 2014 to 2023
Characteristic
Interest rate in percent per annum
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simple averages of monthly figures; values have been rounded
Supplementary notes
Based on data of domestically licensed banks that conduct transactions with the Bank of Japan. Excluding the Resolution and Collection Corporation, the Second Bridge Bank of Japan, and the Japan Post Bank.
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Bank of Japan. (February 14, 2024). Average contract interest rate on new long-term loans and discounts of banks in Japan from 2014 to 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1298824/japan-banks-average-contract-interest-rates-new-long-term-loans-and-discounts/
Bank of Japan. "Average contract interest rate on new long-term loans and discounts of banks in Japan from 2014 to 2023." Chart. February 14, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1298824/japan-banks-average-contract-interest-rates-new-long-term-loans-and-discounts/
Bank of Japan. (2024). Average contract interest rate on new long-term loans and discounts of banks in Japan from 2014 to 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1298824/japan-banks-average-contract-interest-rates-new-long-term-loans-and-discounts/
Bank of Japan. "Average Contract Interest Rate on New Long-term Loans and Discounts of Banks in Japan from 2014 to 2023." Statista, Statista Inc., 14 Feb 2024, https://www.statista.com/statistics/1298824/japan-banks-average-contract-interest-rates-new-long-term-loans-and-discounts/
Bank of Japan, Average contract interest rate on new long-term loans and discounts of banks in Japan from 2014 to 2023 Statista, https://www.statista.com/statistics/1298824/japan-banks-average-contract-interest-rates-new-long-term-loans-and-discounts/ (last visited July 22, 2024)
Average contract interest rate on new long-term loans and discounts of banks in Japan from 2014 to 2023 [Graph], Bank of Japan, February 14, 2024. [Online]. Available: https://www.statista.com/statistics/1298824/japan-banks-average-contract-interest-rates-new-long-term-loans-and-discounts/