Philippines bank lending rate


Philippines bank lending rate closed up 7.8 as of October 31, 2023 from 7.66 from the previous day, 7.66 last week and 7.02 last month.

Philippines bank lending rate Analytics & Data





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Philippines bank lending rate closing prices of the last 60 days are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Philippines bank lending rate Historical Data

Date Close
2023-10-31 7.802
2023-09-30 7.656
2023-08-31 8.034
2023-07-31 7.828
2023-06-30 7.557
2023-05-31 7.66
2023-04-30 7.29
2023-03-31 7.356
2019-12-31 6.542
2019-11-30 6.767
2019-10-31 7.105
2019-09-30 6.991
2019-08-31 7.108
2019-07-31 7.382
2019-06-30 7.212
2019-05-31 7.476
2019-04-30 7.196
2019-03-31 7.424
2019-02-28 6.68
2019-01-31 7.267
2018-12-31 7.024
2018-11-30 6.64
2018-10-31 6.602
2018-09-30 6.249
2018-08-31 6.212
2018-07-31 6.199
2018-06-30 5.901
2018-05-31 6.025
2018-04-30 5.749
2018-03-31 5.842
2018-02-28 5.353
2018-01-31 5.73
2017-12-31 5.78
2017-11-30 5.57
2017-10-31 5.73
2017-09-30 5.61
2017-08-31 5.68
2017-07-31 5.67
2017-06-30 5.61
2017-05-31 5.78
2017-04-30 5.47
2017-03-31 5.77
2017-02-28 5.21
2017-01-31 5.64
2016-12-31 5.67
2016-11-30 5.58
2016-10-31 5.634
2016-09-30 5.529
2016-08-31 5.845
2016-07-31 5.68
2016-06-30 5.595
2016-05-31 5.725
2016-04-30 5.55
2016-03-31 5.73
2016-02-29 5.37
2016-01-31 5.79
2015-12-31 5.73
2015-11-30 5.64
2015-10-31 5.85
2015-09-30 5.76

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Philippines bank lending rate Statistics

Security Symbol Last Momentum Trend Oscillator 1D% 1W% 1M% 1Y%
Philippines bank lending rate ph.banks.lendingrate 0 0 0 0

Philippines bank lending rate Quantitative Analysis, Charts & Factors

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Philippines bank lending rate Historical Data

The MacroVar database offers free access to historical data for the Philippines bank lending rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Philippines bank lending rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Philippines bank lending rate

The bank lending rate in the Philippines refers to the interest rate at which banks in the country offer loans to their customers. This rate is set by the central bank, the Bangko Sentral ng Pilipinas, and can fluctuate based on various economic factors such as inflation, economic growth, and market conditions. A lower lending rate can stimulate borrowing and investment, while a higher rate can help control inflation and prevent the economy from overheating. Borrowers must consider the lending rate when taking out loans, as it will determine the cost of borrowing and ultimately affect their ability to repay the loan.

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