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Interest Rate on Bank Loans (Local Currency) in Algeria

Source: Bank of Algeria
Last Updated: July 24, 2023

Interest rate on bank loans reached 8.00% in third quarter of 2015 in Algeria, according to the National Central Bank. This is 0% more than in the previous quarter.

Historically, interest rate on bank loans in Algeria reached an all time high of 19.0% in 4Q1995 and an all time low of 8.00% in 3Q2015.

Algeria has been ranked 61st within the group of 100 countries we follow in terms of interest rate on bank loans.

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