Business credit interest rate, percent in Armenia, November, 2019
For that indicator, Central Bank of Armenia provides data for Armenia from Q4 2009 to 2019. The average value for Armenia during that period was 13.28 percent with a minimum of 10.62 percent in December 2017 and a maximum of 15.44 percent in May 2010.
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around the world.
* indicates monthly or quarterly data series
Source: Central Bank of Armenia
Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.