Monthly SME bank loan interest rates in Netherlands 2003-2022, by contract size
Interest rates on SME loans in 2022 varied a lot depending on their size. Loans of over one million have had the lowest interest rates in the past couple of years, but in 2009 they reached a peak at over five percent. SMEs, or mkb (an abbreviation of midden- en kleinbedrijf) in Dutch, are a big provider for the economy in the Netherlands, as they are the second-largest type of business enterprise present in the country. In January 2020, right before the coronavirus arrived in the Netherlands, the number of SMEs that were registered at the Dutch Chamber of Commerce nearly reached around 444,000.
