Bank Lending Rate in New Zealand decreased to 9.32 percent in May from 9.35 percent in April of 2017. Bank Lending Rate in New Zealand averaged 10.57 percent from 1988 until 2017, reaching an all time high of 16.02 percent in July of 1988 and a record low of 7.50 percent in September of 1999. In New Zealand, the base lending rate is the average rate of interest charged on loans by commercial banks to new businesses. This page provides – New Zealand Base Lending Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.
June 11, 2017 at 07:38AM
from Reserve Bank of New Zealand
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