United Kingdom: Business credit interest rate

(measure: percent, source: Bank of England)
* indicates monthly or quarterly data series

Business credit interest rate, percent in the United Kingdom, August, 2019: For that indicator, Bank of England provides data for the United Kingdom from 2004 to 2019. The average value for the United Kingdom during that period was 3.84 percent with a minumum of 2.14 percent in August 2009 and a maximum of 7.67 percent in August 2007. 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: Bank of England

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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