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Average interest rate for commercial bank loans in Turkey 2015-2020

This statistic illustrates the weighted average interest rates of commercial bank loans in Turkey from June 2015 to August 2020, by currency of loan. The average interest rate of commercial loans to domestic businesses during this period saw the highest interest rates. As of August 2020 the average commercial bank loans in Turkish lira was 11.81 percent, as compared to 2.93 percent in euros and 5.79 percent for U.S dollar loans.

Average interest rate for commercial bank loans in Turkey from June 2015 to August 2020, by currency

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Source

Release date

September 2020

Region

Turkey

Survey time period

June 2015 to August 2020

Supplementary notes

* Figures displayed are taken from the last week of each month and are a weighted average.

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