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Rating:Prime rate or prime lending rate is a term applied in many countries to reference an interest rate used by banks. The term originally indicated the rate of interest at which banks lent to favored customers, ''i.e.'', those with good credit, though this is no longer always the case.
read moreThis is a list of countries by a simple average of annualized interest rates of commercial banks for charging on new loans, denominated in the national currency, to their most credit-worthy customers. The data is taken from CIA World Factbook
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