Interest rate on bank loans reached 17.0% in third quarter of 2015 in Jamaica, according to the National Central Bank. This is 0.163% more than in the previous quarter.
Historically, interest rate on bank loans in Jamaica reached an all time high of 51.1% in 2Q1994 and an all time low of 16.2% in 4Q2009.
Jamaica has been ranked 17th within the group of 100 countries we follow in terms of interest rate on bank loans.
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