Philippines - Interest rate spread

3.01 (%) in 2019

In 2019, interest rate spread for Philippines was 3.01 %. Though Philippines interest rate spread fluctuated substantially in recent years, it tended to decrease through 2000 - 2019 period ending at 3.01 % in 2019.

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What is interest rate spread?

Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.

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What is Philippines interest rate spread?