Bank nonperforming loans to total gross loans (%) Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+) Domestic credit provided by financial sector (% of GDP) Statistics on banking, finance and insurance are compiled by the Monetary Authority of Singapore. Latest Data Visualising Data Related Info External Sources Items Rates - Loans : The rates are for your reference only. To obtain our Loan-Education Loan Board Rate-Home Loan Board Rate-Commercial & Industrial Property Financing Board Rate : Prime Lending Rate: 5.2500 % p.a. Effective from: 21 March 2003. Top . CreditAble (Personal Line of Credit) Singapore Residential Financing Rate (SRFR) 4.85% p.a Thus, the lending rates charged to borrowers are not necessarily equal to the Prime Lending Rate. Non-Mortgage Consumer Loan does not include provision of funds through credit cards and unsecured loans. The prime lending rate is effective on February 26 th, 2020 until changes and further information.
Rates - Loans : The rates are for your reference only. To obtain our Loan-Education Loan Board Rate-Home Loan Board Rate-Commercial & Industrial Property Financing Board Rate : Prime Lending Rate: 5.2500 % p.a. Effective from: 21 March 2003. Top . CreditAble (Personal Line of Credit) Singapore Residential Financing Rate (SRFR) 4.85% p.a
Singapore Prime Lending Rate - values, historical data and charts - was last updated on March of 2020. Bank Lending Rate in Singapore averaged 6.55 percent from 1978 until 2020, reaching an all time high of 14.98 percent in October of 1981 and a record low of 5.25 percent in March of 2019. Get notified whenever news and updates are posted on this website. Singapore’s Prime Lending Rate: Ten Leading Banks Average data is updated monthly, averaging 5.645 % pa from Jan 1980 to Feb 2020, with 482 observations. The data reached an all-time high of 14.980 % pa in Oct 1981 and a record low of 5.250 % pa in Feb 2020. Singapore Bank Lending Rate Singapore’s Bank Lending Rate was reported at 5.250 % pa in Feb 2020. This stayed constant from the previous number of 5.250 % pa for Jan 2020. Singapore’s Bank Lending Rate data is updated monthly, averaging 5.645 % pa from Jan 1980 to Feb 2020, with 482 observations.
The prime rate is the lowest lending rate which a bank is prepared to lend in Singapore Dollars to its best customers on an overdraft or demand basis. A floating rate is one which is not fixed, and is pegged to an index rate, e.g. Prime + 1%, and "floats" according to the movements in the index rate.
2 days ago Several Canadian banks and financial institutions have dropped their prime lending rate by 50 basis points for the second time in two weeks, 30 Aug 2019 THE Monetary Authority of Singapore (MAS) on Friday said it has established a steering committe to oversee an industry-wide interest rate 13 Apr 2018 MAS's tightening of the exchange rate today will introduce some short-term weakness in home loan interest rates in Singapore. Prime Lending Rate: Numeric (Percent) % p.a. 2: Banks Fixed Deposits 3 Months: Numeric (Percent) % p.a. 3: Banks Fixed Deposits 6 Months: Numeric (Percent) % p.a. 4: Banks Fixed Deposits 12 Months: Numeric (Percent) % p.a. 5: Banks Savings Deposits: Numeric (Percent) % p.a. 6: Finance Companies Loans - Hire Purchase of New Vehicles For 3 Years: Numeric (Percent) % p.a. 7 Bank of Singapore Limited: 5.5 : Bank of Taiwan: 6 : Banque Internationale a Luxembourg Singapore Branch MAS Building. 10 Shenton Way, Singapore 079117. Tel: (65) 6224 4300 / Fax: (65) 6224 1785. Email: [email protected] Online e-learning Platform for Members; Prime Lending Rates; SIBOR & SOR; SME Toolkit; EXTERNAL LINKS. Credit
