5/2/23, 9:58 PM Monetary Authority of Singapore - Interest Rates of Banks and Finance Companies

Interest Rates of Banks and Finance Companies

<< New Query

PER CENT PER ANNUM 

 

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5/2/23, 9:58 PM Monetary Authority of Singapore - Interest Rates of Banks and Finance Companies

End of Banks
Period Fixed
Deposits
3 Months

2018 Jan 0.15

  Feb 0.15

  Mar 0.15

  Apr 0.15

  May 0.15

  Jun 0.15

  Jul 0.16

  Aug 0.16

  Sep 0.16

  Oct 0.16

  Nov 0.17

  Dec 0.17

2019 Jan 0.18

  Feb 0.19

  Mar 0.20

  Apr 0.20

  May 0.20

  Jun 0.20

J l 0 20
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5/2/23, 9:58 PM Monetary Authority of Singapore - Interest Rates of Banks and Finance Companies

Fields

No Title Type Unit Of Measure Description

1 Prime Lending Rate Numeric % p.a.  

(Percent)

2 Banks Fixed Deposits 3 Months Numeric % p.a.  

(Percent)

3 Banks Fixed Deposits 6 Months Numeric % p.a.  

(Percent)

4 Banks Fixed Deposits 12 Numeric % p.a.  

Months (Percent)

5 Banks Savings Deposits Numeric % p.a.  

(Percent)

6 Finance Companies Loans - Numeric % p.a.  

Hire Purchase of New Vehicles (Percent)
For 3 Years

7 Finance Companies Housing Numeric % p.a.  

Loans For 15 Years (Percent)

8 Finance Companies Fixed Numeric % p.a.  

Deposits 3 Months (Percent)

9 Finance Companies Fixed Numeric % p.a.  

Deposits 6 Months (Percent)

10 Finance Companies Fixed Numeric % p.a.  

Deposits 12 Months (Percent)

11 Finance Companies Savings Numeric % p.a.  

Deposits (Percent)

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5/2/23, 9:58 PM Monetary Authority of Singapore - Interest Rates of Banks and Finance Companies

Related APIs

Interest Rates of Banks and Finance Companies, Monthly

Interest Rates of Banks and Finance Companies, Yearly

# Since Q3 2021, the publication frequency of Banks’ interest rates has been changed from monthly
to quarterly as the rates are now based on quarterly data collected pursuant to MAS Notice 610 –
Appendix K.  This revision is part of MAS’ efforts to streamline reporting requirements on the
industry.  The last monthly data point is June 2021.  The quarterly rates will be published on the last
working day of the second month after the end of the reference quarter and can be found here.
 
Note: Figures refer to average rates compiled from that quoted by 10 leading banks and finance
companies. — under finance companies’ interest rates columns denotes data suppressed due to the
small number of institutions included.

© 2020, Government of Singapore.

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