Between January and June 2024, the average contract interest rate on new long-term loans and discounts of domestically licensed banks in Japan was 1.03 percent per annum. This represented an increase from 0.87 percent in the previous year.
Average contract interest rate on new long-term loans and discounts of banks in Japan from 2015 to 2024
simple averages of monthly figures; values have been rounded
Supplementary notes
*Figures for 2024 refer to January to June 2024.
Based on data of domestically licensed banks that conduct transactions with the Bank of Japan. Excluding the Resolution and Collection Corporation, the Second Bridge Bank of Japan, and the Japan Post Bank.
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Bank of Japan. (July 31, 2024). Average contract interest rate on new long-term loans and discounts of banks in Japan from 2015 to 2024 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298824/japan-banks-average-contract-interest-rates-new-long-term-loans-and-discounts/
Bank of Japan. "Average contract interest rate on new long-term loans and discounts of banks in Japan from 2015 to 2024." Chart. July 31, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298824/japan-banks-average-contract-interest-rates-new-long-term-loans-and-discounts/
Bank of Japan. (2024). Average contract interest rate on new long-term loans and discounts of banks in Japan from 2015 to 2024. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298824/japan-banks-average-contract-interest-rates-new-long-term-loans-and-discounts/
Bank of Japan. "Average Contract Interest Rate on New Long-term Loans and Discounts of Banks in Japan from 2015 to 2024." Statista, Statista Inc., 31 Jul 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298824/japan-banks-average-contract-interest-rates-new-long-term-loans-and-discounts/
Bank of Japan, Average contract interest rate on new long-term loans and discounts of banks in Japan from 2015 to 2024 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298824/japan-banks-average-contract-interest-rates-new-long-term-loans-and-discounts/ (last visited November 10, 2024)
Average contract interest rate on new long-term loans and discounts of banks in Japan from 2015 to 2024 [Graph], Bank of Japan, July 31, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1298824/japan-banks-average-contract-interest-rates-new-long-term-loans-and-discounts/