Taiwan bank lending rate

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Taiwan bank lending rate closed up 3.22 as of May 31, 2024 from 3.17 from the previous day, 3.13 last week and 2.79 last month.

Taiwan bank lending rate Analytics & Data




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Taiwan bank lending rate Historical Data

DateClose
2024-05-31 3.22
2024-04-30 3.169
2024-03-31 3.14
2024-02-29 3.136
2024-01-31 3.136
2023-12-31 3.133
2023-11-30 3.133
2023-10-31 3.133
2023-09-30 3.133
2023-08-31 3.133
2023-07-31 3.133
2023-06-30 3.089
2023-05-31 3.089
2023-04-30 3.039
2023-03-31 2.969
2023-03-31 2.969
2023-02-28 2.969
2023-01-31 2.893
2022-12-31 2.837
2022-11-30 2.837
2022-10-31 2.788
2022-09-30 2.718
2022-08-31 2.718
2022-07-31 2.642
2022-06-30 2.598
2022-05-31 2.598
2022-04-30 2.498
2022-03-31 2.442
2022-02-28 2.44

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Taiwan bank lending rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
Taiwan bank lending ratetw.banks.lendingrate0000

Taiwan bank lending rate Factors

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Taiwan bank lending rate Historical Data

The MacroVar database offers free access to historical data for the Taiwan 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 Taiwan bank lending rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Taiwan bank lending rate

The Taiwan bank lending rate refers to the interest rate that banks in Taiwan charge their customers for borrowing money. This rate is determined by a variety of factors, including the central bank's monetary policy, market conditions, and the creditworthiness of the borrower. The lending rate plays a crucial role in the economy, as it influences consumer borrowing, investment decisions, and overall economic growth. A lower lending rate can stimulate borrowing and spending, while a higher rate may discourage borrowing and slow down economic activity. Therefore, monitoring and adjusting the lending rate is an important tool for policymakers to manage the country's economy.

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