Interest rate on bank loans reached 5.14% in 2017 in Senegal, according to the National Central Bank. This is 2.93% less than in the previous year.
Historically, interest rate on bank loans in Senegal reached an all time high of 16.8% in 1992 and an all time low of 4.74% in 2006.
Senegal has been ranked 95th within the group of 119 countries we follow in terms of interest rate on bank loans.
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