Interest rate on bank loans reached 14.8% in 2020 in Myanmar, according to the National Central Bank. This is 7.29% less than in the previous year.
Historically, interest rate on bank loans in Myanmar reached an all time high of 20.9% in 2008 and an all time low of 6.00% in 1975.
Myanmar has been ranked 19th within the group of 97 countries we follow in terms of interest rate on bank loans.
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