Banking - Armenia
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Central bank discount rate (%) | 8 |
Commercial bank prime lending rate (%) | 16.5 |
Value & RankThe Central bank discount rate of Armenia is 8.00 (%) with a global rank of 36.
Armenia compared to other CountriesThe Central bank discount rate of Armenia is similar to that of Equatorial Guinea, Zambia, Tanzania, Russia, Ecuador, Rwanda, Ukraine, Cape Verde, Zimbabwe, Maldives with a respective Central bank discount rate of 8.50, 8.39, 8.25, 8.25, 8.17, 7.75, 7.50, 7.50, 7.17, 7.00 (%) and a global rank of 31, 32, 33, 34, 35, 37, 38, 39, 40, 41.
Armenia compared to other CountriesThe Central bank discount rate of Armenia is similar to that of Equatorial Guinea, Zambia, Tanzania, Russia, Ecuador, Rwanda, Ukraine, Cape Verde, Zimbabwe, Maldives with a respective Central bank discount rate of 8.50, 8.39, 8.25, 8.25, 8.17, 7.75, 7.50, 7.50, 7.17, 7.00 (%) and a global rank of 31, 32, 33, 34, 35, 37, 38, 39, 40, 41.
Value & RankThe Commercial bank prime lending rate of Armenia is 16.5 (%) with a global rank of 29.
Armenia compared to other CountriesThe Commercial bank prime lending rate of Armenia is similar to that of Turkmenistan, Mongolia, Kenya, Jamaica, Azerbaijan, Argentina, Rwanda, Ukraine, Mozambique, Nigeria with a respective Commercial bank prime lending rate of 17.5, 17.5, 17.1, 17.0, 17.0, 16.4, 16.3, 16.0, 15.6, 15.5 (%) and a global rank of 24, 25, 26, 27, 28, 30, 31, 32, 33, 34.Last 5 years averageArmenia had an average Commercial bank prime lending rate of 17.8 (%) in the last 5 years from (2008 to 2013).
Armenia since the end of the Great RecessionArmenia's Commercial bank prime lending rate had a negative growth (decline) of 12.1% since the end of the Great Recession
Armenia compared to other CountriesThe Commercial bank prime lending rate of Armenia is similar to that of Turkmenistan, Mongolia, Kenya, Jamaica, Azerbaijan, Argentina, Rwanda, Ukraine, Mozambique, Nigeria with a respective Commercial bank prime lending rate of 17.5, 17.5, 17.1, 17.0, 17.0, 16.4, 16.3, 16.0, 15.6, 15.5 (%) and a global rank of 24, 25, 26, 27, 28, 30, 31, 32, 33, 34.Last 5 years averageArmenia had an average Commercial bank prime lending rate of 17.8 (%) in the last 5 years from (2008 to 2013).
Armenia since the end of the Great RecessionArmenia's Commercial bank prime lending rate had a negative growth (decline) of 12.1% since the end of the Great Recession
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Datasource: CIA - The World Factbook