Lending Rate in Sri Lanka remained unchanged at 8.50 percent in December. Lending Rate in Sri Lanka averaged 10.24 percent from 1999 until 2024, reaching an all time high of 23.00 percent in January of 2001 and a record low of 5.50 percent in July of 2020. source: Central Bank of Sri Lanka
Lending Rate in Sri Lanka is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.
In Sri Lanka, the lending rate refers to interest rate applicable on reverse repurchase transactions of the Central Bank with Commercial banks on an overnight basis under the Standing Facility, providing the ceiling rate for the injection of overnight liquidity to the banking system by the central bank.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
8.50 |
8.50 |
23.00 |
5.50 |
1999 - 2024 |
percent |
Monthly |
|