Interest rate on bank loans reached 8.00% in fourth quarter of 2008 in Ethiopia, according to the National Central Bank. This is 0% more than in the previous quarter.
Historically, interest rate on bank loans in Ethiopia reached an all time high of 16.0% in 1Q1996 and an all time low of 6.00% in 1Q1990.
Ethiopia has been ranked 96th within the group of 127 countries we follow in terms of interest rate on bank loans.
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