In June 2024, the average contract interest rate on new long-term loans and discounts of domestically licensed banks in Japan was 1.11 percent per annum. This represented an increase from 0.91 percent in the previous month.
Monthly average contract interest rate on new long-term loans and discounts of banks in Japan from January 2019 to June 2024
Characteristic
Interest rate in percent per annum
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simple averages of monthly figures; values have been rounded
Supplementary notes
Based on data of domestically licensed banks that conduct transactions with the Bank of Japan. Excluding the Resolution and Collection Corporation, the Second Bridge Bank of Japan, and the Japan Post Bank.
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Bank of Japan. (July 31, 2024). Monthly average contract interest rate on new long-term loans and discounts of banks in Japan from January 2019 to June 2024 [Graph]. In Statista. Retrieved September 15, 2024, from https://www.statista.com/statistics/1488524/japan-banks-monthly-average-contract-interest-rates-new-long-term-loans-and-discounts/
Bank of Japan. "Monthly average contract interest rate on new long-term loans and discounts of banks in Japan from January 2019 to June 2024." Chart. July 31, 2024. Statista. Accessed September 15, 2024. https://www.statista.com/statistics/1488524/japan-banks-monthly-average-contract-interest-rates-new-long-term-loans-and-discounts/
Bank of Japan. (2024). Monthly average contract interest rate on new long-term loans and discounts of banks in Japan from January 2019 to June 2024. Statista. Statista Inc.. Accessed: September 15, 2024. https://www.statista.com/statistics/1488524/japan-banks-monthly-average-contract-interest-rates-new-long-term-loans-and-discounts/
Bank of Japan. "Monthly Average Contract Interest Rate on New Long-term Loans and Discounts of Banks in Japan from January 2019 to June 2024." Statista, Statista Inc., 31 Jul 2024, https://www.statista.com/statistics/1488524/japan-banks-monthly-average-contract-interest-rates-new-long-term-loans-and-discounts/
Bank of Japan, Monthly average contract interest rate on new long-term loans and discounts of banks in Japan from January 2019 to June 2024 Statista, https://www.statista.com/statistics/1488524/japan-banks-monthly-average-contract-interest-rates-new-long-term-loans-and-discounts/ (last visited September 15, 2024)
Monthly average contract interest rate on new long-term loans and discounts of banks in Japan from January 2019 to June 2024 [Graph], Bank of Japan, July 31, 2024. [Online]. Available: https://www.statista.com/statistics/1488524/japan-banks-monthly-average-contract-interest-rates-new-long-term-loans-and-discounts/
