Interest rate on bank loans reached 8.90% in 2016 in Ireland, according to the National Central Bank. This is 1.58% less than in the previous year.
Historically, interest rate on bank loans in Ireland reached an all time high of 12.7% in 1992 and an all time low of 2.57% in 2004.
Ireland has been ranked 67th within the group of 136 countries we follow in terms of interest rate on bank loans.
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