Interest rate on bank loans reached 16.1% in third quarter of 2015 in Tanzania, according to the National Central Bank. This is 0.062% more than in the previous quarter.
Historically, interest rate on bank loans in Tanzania reached an all time high of 46.7% in 4Q1995 and an all time low of 13.6% in 1Q2004.
Tanzania has been ranked 19th within the group of 100 countries we follow in terms of interest rate on bank loans.
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