Banking - Philippines



TopicValue
Central bank discount rate (%)5.3
Commercial bank prime lending rate (%)5.8
Value & RankThe Central bank discount rate of Philippines is 5.30 (%) with a global rank of 69.
Philippines compared to other CountriesThe Central bank discount rate of Philippines is similar to that of Namibia, Kazakhstan, India, Guyana, Iceland, Turkey, Peru, South Africa, Madagascar, Bangladesh with a respective Central bank discount rate of 5.50, 5.50, 5.50, 5.50, 5.40, 5.25, 5.05, 5.00, 5.00, 5.00 (%) and a global rank of 64, 65, 66, 67, 68, 70, 71, 72, 73, 74.Last 5 years averagePhilippines had an average Central bank discount rate of 3.82 (%) in the last 5 years from (2007 to 2012).
Philippines since the end of the Great RecessionPhilippines's Central bank discount rate had a positive growth of 51.4% since the end of the Great Recession
Central bank discount rate of Philippines
Value & RankThe Commercial bank prime lending rate of Philippines is 5.80 (%) with a global rank of 136.
Philippines compared to other CountriesThe Commercial bank prime lending rate of Philippines is similar to that of Australia, Portugal, Libya, Iraq, San Marino, Oman, China, Slovenia, New Zealand, El Salvador with a respective Commercial bank prime lending rate of 6.20, 6.00, 6.00, 6.00, 5.92, 5.80, 5.73, 5.70, 5.70, 5.60 (%) and a global rank of 131, 132, 133, 134, 135, 137, 138, 139, 140, 141.Last 5 years averagePhilippines had an average Commercial bank prime lending rate of 7.22 (%) in the last 5 years from (2008 to 2013).
Philippines since the end of the Great RecessionPhilippines's Commercial bank prime lending rate had a negative growth (decline) of 32.3% since the end of the Great Recession
Commercial bank prime lending rate of Philippines
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Datasource: CIA - The World Factbook