Interest spread, which is the difference between interest rate on loans and deposits reached 107% in 2023 in Zimbabwe, according to the National Central Bank. This is 10.7% more than in the previous year.
Historically, interest spread, which is the difference between interest rate on loans and deposits in Zimbabwe reached an all time high of 1,046% in 2008 and an all time low of -8.85% in 1992.
Zimbabwe has been ranked 1st within the group of 74 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.
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