In 2023, preliminary figures reflected that the average lending nominal interest rates of banks in the Philippines reached a whooping 7.55 percent - the highest recorded since 2017. The average lending nominal interest rate of banks in the country fluctuated in the observed period.
Average lending nominal interest rates of banks in the Philippines from 2017 to 2023
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BSP. (July 12, 2024). Average lending nominal interest rates of banks in the Philippines from 2017 to 2023 [Graph]. In Statista. Retrieved September 27, 2024, from https://www.statista.com/statistics/1479913/philippines-average-bank-lending-nominal-interest-rate/
BSP. "Average lending nominal interest rates of banks in the Philippines from 2017 to 2023." Chart. July 12, 2024. Statista. Accessed September 27, 2024. https://www.statista.com/statistics/1479913/philippines-average-bank-lending-nominal-interest-rate/
BSP. (2024). Average lending nominal interest rates of banks in the Philippines from 2017 to 2023. Statista. Statista Inc.. Accessed: September 27, 2024. https://www.statista.com/statistics/1479913/philippines-average-bank-lending-nominal-interest-rate/
BSP. "Average Lending Nominal Interest Rates of Banks in The Philippines from 2017 to 2023." Statista, Statista Inc., 12 Jul 2024, https://www.statista.com/statistics/1479913/philippines-average-bank-lending-nominal-interest-rate/
BSP, Average lending nominal interest rates of banks in the Philippines from 2017 to 2023 Statista, https://www.statista.com/statistics/1479913/philippines-average-bank-lending-nominal-interest-rate/ (last visited September 27, 2024)
Average lending nominal interest rates of banks in the Philippines from 2017 to 2023 [Graph], BSP, July 12, 2024. [Online]. Available: https://www.statista.com/statistics/1479913/philippines-average-bank-lending-nominal-interest-rate/