Lending interest rate | Guinea – yearly data, chart and table
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Overview
The average lending rate in Guinea in 2001 was 12.88%. In 2000, the value was amounted to 19.38%. It has been falling in this country for already 2 years in a row. Since 1986, for the whole period of statistics, this indicator has decreased in 1.09 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in Guinea was recorded in 2001, with a value of 12.88%. The highest value was in end-1992, when it reached 27.00%.
Additional infomation:
About indicator
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.


