Singapore Prime Lending Rate

Bank Lending Rate in Singapore remained unchanged at 5.38 percent in May of 2013 from 5.38 percent in April of 2013. Bank Lending Rate in Singapore is reported by the Ministry of Labour, Singapore. Historically, from 1978 until 2013, Singapore Prime Lending Rate averaged 6.78 Percent reaching an all time high of 14.98 Percent in October of 1981 and a record low of 5.30 Percent in October of 2001. In Singapore, the prime lending rate is the average rate of interest charged on loans by 10 Singaporean leading banks and finance companies to private individuals and companies. This page includes a chart with historical data for Singapore Prime Lending Rate.

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Singapore Prime Lending Rate

Consumer | STATISTICSLastPreviousHighestLowestForecastUnitTrend
Retail Sales MoM 5.30 Apr/2013 -5.50 5.30 -5.50 5.40 Apr/2013 Percent Trend
Retail Sales YoY -0.50 Apr/2013 -7.40 20.10 -11.30 -2.27 Apr/2013 Percent Trend
Bank Lending Rate 5.38 May/2013 5.38 14.98 5.30 5.38 May/2013 Percent Trend
Consumer Spending 27471.50 Feb/2013 27400.90 27471.50 3553.90 27492.69 Jun/2013 SGD Million Trend

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Bank Lending Rate | Notes

Bank lending rate, also called prime rate, refers to a reference interest rate used by banks to lend money to companies or individuals.




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