Turkey: Business credit interest rate

(measure: percent, source: Central Bank of the Republic of Turkey)
* indicates monthly or quarterly data series

Business credit interest rate, percent in Turkey, November, 2019: For that indicator, Central Bank of the Republic of Turkey provides data for Turkey from 2002 to 2019. The average value for Turkey during that period was 19.24 percent with a minimum of 8.09 percent in May 2013 and a maximum of 60.33 percent in February 2002. 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 Republic of Turkey

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.
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