Tags average lending interest rate Old loans must endure higher interest rates temporarily: SBV Friday, Apr 19, 2024 While new loans have been issued at significantly lower rates, older loans, even for priority sectors such as mechanical engineering, must still bear high interest rates, especially during a period of economic difficulties. Doubts over 5% average lending interest rate target Thursday, Sep 08, 2016 Banking experts have expressed a great deal of scepticism at the government''s target to cut the average lending interest rate to some 5 per cent.