
Russia: Business credit interest rate
* indicates monthly or quarterly data series
Russia |
Business credit interest rate, percent |
---|---|
Latest value | 12.83 |
Reference | September 2023 |
Measure | percent |
Data availability | January 2011 - September 2023 |
Average | 10.28 |
Min - Max | 6.26 - 17.48 |
Source | Central Bank of the Russian Federation |
For that indicator, we provide data for Russia from January 2011 to September 2023. The average value for Russia during that period was 10.28 percent with a minimum of 6.26 percent in November 2020 and a maximum of 17.48 percent in January 2015.
Click on the following link to see the values of Business credit interest rate, percent around the world.
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Measure: percent
Source: Central Bank of the Russian Federation
Source: Central Bank of the Russian Federation
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.