Japan Average Loan Interest Rates

Name: Japan Average Loan Interest Rates
Creator: Bank of Japan – Time-Series Data Search
License: https://creativecommons.org/licenses/by/4.0/

Average contract interest rates on new and outstanding loans and bills discounted by type of bank, short-term and long-term. 45 series.

Source: Bank of Japan – Time-Series Data SearchLast updated: Sep 22, 2026, 13:14Curated by Bui Thanh PhucAbout this data ↓

Indicator	07-2026	06-2026	05-2026	04-2026	03-2026	02-2026	01-2026	12-2025	11-2025	10-2025	09-2025	08-2025	07-2025	06-2025	05-2025	04-2025	03-2025	02-2025	01-2025	12-2024	11-2024	10-2024	09-2024	08-2024	07-2024	06-2024	05-2024	04-2024	03-2024	02-2024	01-2024	12-2023	11-2023	10-2023	09-2023	08-2023	07-2023
(1)New Loans and Discounts(a)6
Total / Domestically Licensed Banks3	1.71	1.77	1.71	1.69	1.81	1.47	1.38	1.4	1.14	1.27	1.42	1.15	1.28	1.2	1.09	1.2	1.26	1.02	1.05	1.13	0.87	0.89	0.95	0.67	0.79	0.88	0.57	0.83	0.84	0.68	0.7	0.72	0.56	0.7	0.88	0.6	0.64
City Banks	1.78	1.93	1.93	1.8	2.01	1.59	1.46	1.41	1.12	1.37	1.55	1.14	1.41	1.19	1.03	1.22	1.3	0.96	1.1	1.19	0.94	0.83	1.01	0.61	0.74	0.98	0.44	1.01	0.9	0.73	0.75	0.76	0.5	0.66	0.97	0.6	0.62
Regional Banks	1.75	1.69	1.66	1.66	1.68	1.51	1.42	1.45	1.2	1.26	1.39	1.19	1.22	1.24	1.17	1.24	1.3	1.14	1.04	1.11	0.86	1.01	0.95	0.73	0.92	0.84	0.76	0.78	0.85	0.69	0.75	0.76	0.66	0.81	0.85	0.66	0.71
Regional Banks II	1.8	1.74	1.77	1.69	1.71	1.68	1.52	1.5	1.33	1.41	1.44	1.24	1.16	1.4	1.26	1.33	1.34	1.24	1.09	1.12	0.92	1.19	1.1	0.88	1.02	0.97	0.83	0.93	0.97	0.87	0.91	0.9	0.83	0.92	0.96	0.86	0.87
Total / Shinkin Banks	2.19	2.18	2.18	2.17	1.98	2.03	2.01	1.93	1.99	1.99	1.87	1.93	1.97	1.96	1.82	1.92	1.7	1.76	1.83	1.75	1.78	1.8	1.66	1.69	1.68	1.65	1.55	1.66	1.44	1.64	1.68	1.62	1.66	1.7	1.56	1.67	1.65
Short-term Loans and Discounts / Domestically Licensed Banks3	1.39	1.45	1.25	1.47	1.55	1.25	1.12	1.14	0.83	0.89	1.08	0.86	0.98	0.92	0.78	0.87	1.05	0.76	0.75	0.8	0.52	0.58	0.75	0.43	0.47	0.52	0.29	0.39	0.59	0.34	0.47	0.51	0.33	0.41	0.59	0.38	0.43
City Banks	1.38	1.56	1.3	1.53	1.58	1.3	1.19	1.07	0.78	0.83	1.01	0.81	1.03	0.8	0.72	0.8	1.01	0.66	0.65	0.67	0.5	0.46	0.68	0.37	0.34	0.5	0.24	0.42	0.51	0.26	0.52	0.54	0.28	0.32	0.56	0.39	0.39
Regional Banks	1.48	1.45	1.24	1.49	1.58	1.34	1.18	1.33	0.94	0.95	1.3	0.95	0.99	1.28	0.91	0.95	1.21	0.98	0.87	1.05	0.57	0.76	0.96	0.49	0.75	0.59	0.45	0.43	0.81	0.45	0.54	0.58	0.42	0.54	0.71	0.43	0.53
Regional Banks II	1.74	1.49	1.43	1.7	1.84	1.68	1.45	1.58	1.21	1.26	1.6	0.99	0.91	1.65	1.16	1.12	1.38	1.16	0.97	1.04	0.67	1.28	1.2	0.67	0.82	0.81	0.49	0.59	1.05	0.64	0.67	0.82	0.6	0.69	0.92	0.66	0.72
Short-term Loans and Discounts / Shinkin Banks	2.29	2.24	2.27	2.26	2.07	2.17	2.15	2.05	2.1	2.1	1.96	2.05	2.07	2.03	2.06	2.06	1.84	1.9	1.96	1.86	1.9	1.91	1.8	1.82	1.84	1.79	1.81	1.82	1.64	1.78	1.86	1.76	1.83	1.89	1.73	1.83	1.86
Long-term Loans / Domestically Licensed Banks3	1.9	1.94	2.07	1.79	1.89	1.61	1.56	1.53	1.43	1.55	1.54	1.38	1.49	1.36	1.36	1.43	1.35	1.22	1.26	1.29	1.26	1.15	1.05	0.93	1.06	1.11	0.91	1.27	0.95	0.98	0.93	0.87	0.82	0.95	1.03	0.83	0.82
City Banks	2.01	2.17	2.55	1.96	2.13	1.74	1.73	1.6	1.55	1.79	1.75	1.46	1.78	1.51	1.49	1.55	1.47	1.31	1.46	1.49	1.59	1.2	1.24	0.99	1.18	1.33	0.86	1.66	1.1	1.14	0.99	0.88	0.75	0.94	1.19	0.77	0.79
Regional Banks	1.87	1.8	1.9	1.72	1.71	1.59	1.52	1.49	1.38	1.44	1.41	1.33	1.34	1.23	1.31	1.43	1.32	1.21	1.15	1.13	1.13	1.17	0.95	0.94	1	0.97	0.96	1.06	0.87	0.87	0.91	0.88	0.87	1	0.91	0.87	0.84
Regional Banks II	1.82	1.86	1.94	1.69	1.69	1.67	1.54	1.48	1.38	1.49	1.4	1.41	1.35	1.33	1.3	1.45	1.33	1.28	1.16	1.17	1.15	1.16	1.06	1.05	1.14	1.06	1.08	1.22	0.95	1.05	1.11	0.95	1.02	1.08	0.97	1.05	0.97
Long-term Loans / Shinkin Banks	2.16	2.16	2.15	2.13	1.95	1.97	1.94	1.87	1.94	1.93	1.84	1.87	1.92	1.92	1.73	1.86	1.65	1.7	1.75	1.68	1.71	1.73	1.59	1.63	1.61	1.58	1.44	1.58	1.36	1.56	1.57	1.55	1.56	1.58	1.49	1.58	1.54
(2)Outstanding Loans and Bills Discounted20
Total / Domestically Licensed Banks	1.48	1.45	1.36	1.34	1.33	1.26	1.24	1.21	1.16	1.16	1.15	1.14	1.14	1.13	1.07	1.06	1.05	1	0.97	0.94	0.89	0.89	0.88	0.85	0.83	0.83	0.82	0.81	0.8	0.79	0.78	0.78	0.78	0.78	0.78	0.77	0.77
Total / City Banks	1.53	1.5	1.4	1.39	1.36	1.27	1.25	1.21	1.14	1.13	1.13	1.11	1.1	1.09	1.05	1.04	1.03	0.97	0.94	0.89	0.84	0.83	0.83	0.79	0.76	0.76	0.75	0.75	0.73	0.71	0.7	0.7	0.69	0.7	0.69	0.68	0.68
Total / Regional Banks	1.4	1.37	1.29	1.28	1.26	1.21	1.18	1.16	1.13	1.12	1.12	1.11	1.11	1.1	1.05	1.04	1.02	0.97	0.95	0.93	0.89	0.88	0.87	0.85	0.83	0.83	0.83	0.82	0.81	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8
Total / Regional Banks II	1.48	1.45	1.38	1.37	1.35	1.3	1.27	1.25	1.23	1.23	1.22	1.21	1.21	1.21	1.15	1.14	1.12	1.08	1.07	1.05	1.01	1	0.99	0.97	0.96	0.96	0.95	0.95	0.95	0.94	0.94	0.94	0.94	0.94	0.94	0.93	0.94
Total / Shinkin Banks	1.83	1.81	1.77	1.75	1.72	1.68	1.66	1.66	1.65	1.65	1.65	1.64	1.64	1.63	1.58	1.56	1.53	1.5	1.5	1.49	1.46	1.45	1.43	1.42	1.42	1.42	1.42	1.42	1.41	1.41	1.42	1.42	1.42	1.42	1.42	1.42	1.42
Short-term Loans and Discounts / Domestically Licensed Banks	1.49	1.43	1.35	1.28	1.21	1.12	1.05	1.02	0.96	0.94	0.94	0.91	0.89	0.86	0.84	0.78	0.74	0.67	0.61	0.56	0.53	0.48	0.46	0.44	0.4	0.41	0.41	0.43	0.45	0.45	0.45	0.45	0.44	0.44	0.45	0.44	0.44
Short-term Loans and Discounts / City Banks	1.64	1.6	1.45	1.37	1.32	1.17	1.1	1.04	0.95	0.92	0.91	0.87	0.85	0.8	0.79	0.75	0.71	0.61	0.55	0.49	0.46	0.41	0.41	0.39	0.34	0.37	0.39	0.44	0.45	0.49	0.5	0.5	0.48	0.5	0.51	0.49	0.48
Short-term Loans and Discounts / Regional Banks	1.42	1.36	1.35	1.28	1.19	1.16	1.08	1.06	1.04	1.03	1.04	1.03	1.03	1.02	0.99	0.89	0.86	0.81	0.73	0.71	0.67	0.64	0.59	0.58	0.56	0.54	0.55	0.52	0.55	0.54	0.53	0.53	0.52	0.52	0.52	0.51	0.51
Short-term Loans and Discounts / Regional Banks II	1.63	1.47	1.49	1.46	1.37	1.35	1.24	1.2	1.18	1.15	1.15	1.12	1.16	1.19	1.12	0.99	1	0.98	0.91	0.89	0.86	0.83	0.76	0.75	0.72	0.71	0.71	0.7	0.72	0.71	0.71	0.71	0.69	0.68	0.67	0.67	0.66
Short-term Loans and Discounts / Shinkin Banks	2.18	2.16	2.14	2.11	2.06	2.05	2.03	2.02	2.01	2	1.99	1.99	1.98	1.96	1.94	1.9	1.85	1.85	1.84	1.83	1.83	1.82	1.8	1.8	1.8	1.8	1.8	1.78	1.76	1.78	1.78	1.77	1.78	1.78	1.78	1.79	1.8
Long-term Loans / Domestically Licensed Banks	1.4	1.37	1.28	1.26	1.24	1.19	1.16	1.14	1.1	1.1	1.1	1.08	1.08	1.07	1.01	1	0.98	0.94	0.93	0.91	0.85	0.85	0.84	0.81	0.8	0.8	0.79	0.78	0.77	0.76	0.76	0.75	0.75	0.75	0.75	0.75	0.75
Long-term Loans / City Banks	1.47	1.44	1.35	1.33	1.3	1.22	1.2	1.17	1.11	1.1	1.1	1.08	1.08	1.07	1.01	1	0.99	0.94	0.92	0.89	0.83	0.83	0.82	0.79	0.77	0.77	0.75	0.74	0.72	0.7	0.68	0.68	0.68	0.68	0.68	0.66	0.66
Long-term Loans / Regional Banks	1.34	1.31	1.23	1.22	1.2	1.16	1.13	1.11	1.08	1.08	1.07	1.06	1.06	1.05	0.99	0.99	0.97	0.93	0.92	0.9	0.86	0.85	0.84	0.82	0.81	0.81	0.81	0.8	0.8	0.79	0.79	0.79	0.79	0.79	0.79	0.78	0.79
Long-term Loans / Regional Banks II	1.42	1.4	1.33	1.31	1.3	1.26	1.22	1.21	1.2	1.19	1.19	1.18	1.18	1.17	1.11	1.11	1.09	1.05	1.04	1.02	0.98	0.98	0.97	0.95	0.94	0.94	0.94	0.93	0.93	0.92	0.92	0.92	0.93	0.93	0.93	0.92	0.93
Long-term Loans / Shinkin Banks	1.77	1.76	1.71	1.69	1.67	1.62	1.61	1.6	1.6	1.59	1.59	1.58	1.58	1.57	1.52	1.5	1.47	1.45	1.44	1.43	1.4	1.39	1.37	1.36	1.36	1.36	1.36	1.36	1.35	1.35	1.36	1.36	1.36	1.36	1.36	1.35	1.36
Overdrafts / Domestically Licensed Banks	2.03	1.99	1.91	1.91	1.9	1.8	1.79	1.76	1.67	1.67	1.67	1.65	1.66	1.65	1.66	1.65	1.63	1.53	1.48	1.41	1.41	1.4	1.39	1.34	1.26	1.24	1.24	1.2	1.19	1.13	1.12	1.12	1.13	1.14	1.13	1.13	1.13
Overdrafts / City Banks	1.76	1.72	1.63	1.63	1.63	1.54	1.55	1.51	1.4	1.4	1.39	1.38	1.39	1.37	1.37	1.39	1.37	1.28	1.22	1.14	1.13	1.13	1.12	1.06	0.96	0.95	0.94	0.91	0.9	0.84	0.83	0.83	0.84	0.84	0.83	0.83	0.83
Overdrafts / Regional Banks	1.96	1.94	1.82	1.81	1.81	1.7	1.67	1.65	1.54	1.54	1.56	1.53	1.54	1.55	1.55	1.53	1.51	1.42	1.38	1.32	1.29	1.28	1.28	1.23	1.17	1.17	1.16	1.14	1.12	1.06	1.05	1.05	1.06	1.07	1.08	1.07	1.06
Overdrafts / Regional Banks II	1.97	1.93	1.86	1.85	1.84	1.75	1.71	1.67	1.61	1.61	1.6	1.59	1.59	1.59	1.59	1.58	1.53	1.47	1.43	1.38	1.38	1.37	1.36	1.33	1.3	1.29	1.3	1.28	1.25	1.22	1.21	1.2	1.22	1.23	1.22	1.23	1.22
Overdrafts / Shinkin Banks	2.75	2.72	2.73	2.71	2.63	2.6	2.57	2.49	2.56	2.56	2.51	2.58	2.58	2.57	2.59	2.55	2.43	2.43	2.41	2.35	2.43	2.43	2.34	2.39	2.39	2.38	2.42	2.39	2.31	2.36	2.36	2.3	2.41	2.41	2.35	2.43	2.45
(3)By Type of Outstanding Loans and Bills Discounted10
Domestically Licensed Banks	1.4	1.37	1.28	1.26	1.24	1.18	1.16	1.13	1.09	1.09	1.08	1.07	1.07	1.05	0.99	0.98	0.96	0.92	0.9	0.88	0.82	0.81	0.8	0.78	0.77	0.77	0.76	0.76	0.75	0.74	0.73	0.73	0.73	0.73	0.73	0.72	0.72
City Banks	1.48	1.45	1.35	1.33	1.3	1.22	1.19	1.15	1.09	1.08	1.08	1.06	1.05	1.03	0.99	0.97	0.96	0.9	0.88	0.84	0.78	0.78	0.77	0.74	0.72	0.72	0.71	0.71	0.7	0.68	0.67	0.67	0.66	0.67	0.67	0.65	0.65
Regional Banks	1.34	1.31	1.23	1.22	1.2	1.16	1.12	1.11	1.08	1.08	1.07	1.06	1.06	1.05	0.99	0.98	0.96	0.92	0.9	0.89	0.84	0.84	0.82	0.81	0.8	0.79	0.79	0.78	0.78	0.77	0.77	0.77	0.77	0.77	0.77	0.77	0.77
Regional Banks II	1.43	1.4	1.33	1.32	1.3	1.26	1.22	1.21	1.19	1.19	1.19	1.18	1.18	1.17	1.11	1.1	1.08	1.04	1.03	1.02	0.98	0.97	0.95	0.93	0.93	0.93	0.92	0.92	0.92	0.91	0.91	0.91	0.91	0.91	0.91	0.91	0.91
Shinkin Banks	1.79	1.77	1.72	1.71	1.68	1.64	1.62	1.62	1.61	1.61	1.61	1.6	1.6	1.58	1.53	1.51	1.48	1.46	1.46	1.45	1.42	1.41	1.39	1.38	1.38	1.38	1.38	1.38	1.37	1.37	1.37	1.38	1.38	1.37	1.37	1.37	1.37
Discounts / Domestically Licensed Banks	1.71	1.7	1.67	1.67	1.61	1.55	1.49	1.49	1.47	1.48	1.46	1.45	1.46	1.45	1.42	1.4	1.33	1.28	1.27	1.25	1.23	1.21	1.18	1.13	1.14	1.12	1.14	1.13	1.1	1.13	1.13	1.12	1.13	1.13	1.11	1.13	1.12
Discounts / City Banks	1.83	1.83	1.78	1.78	1.72	1.64	1.57	1.58	1.55	1.55	1.53	1.54	1.55	1.54	1.52	1.49	1.43	1.35	1.33	1.3	1.26	1.24	1.2	1.1	1.1	1.08	1.09	1.06	1.04	1.06	1.05	1.04	1.05	1.04	1.03	1.05	1.06
Discounts / Regional Banks	1.66	1.64	1.62	1.62	1.57	1.52	1.46	1.45	1.45	1.46	1.45	1.44	1.44	1.44	1.4	1.37	1.3	1.25	1.25	1.23	1.21	1.2	1.16	1.12	1.14	1.12	1.14	1.14	1.11	1.14	1.15	1.14	1.15	1.15	1.12	1.15	1.14
Discounts / Regional Banks II	1.66	1.67	1.62	1.62	1.56	1.51	1.47	1.46	1.44	1.46	1.43	1.39	1.39	1.4	1.35	1.35	1.3	1.29	1.28	1.25	1.24	1.23	1.2	1.19	1.19	1.17	1.2	1.18	1.16	1.2	1.21	1.19	1.21	1.19	1.17	1.19	1.17
Discounts / Shinkin Banks	2.18	2.16	2.12	2.12	2.08	2.04	2.01	2.01	2.02	2.02	2.01	2.01	2.01	1.99	1.95	1.93	1.87	1.86	1.87	1.84	1.84	1.83	1.79	1.78	1.79	1.77	1.78	1.77	1.73	1.78	1.78	1.75	1.79	1.78	1.76	1.79	1.78

Latest reading

Total / Domestically Licensed Banks stood at 1.71 Percent per annum in Jul 2026. That is −3.5% from Jun 2026 and +33.3% from a year earlier. The series on this page is monthly and runs from Oct 1993 to Jul 2026. Source: Bank of Japan – Time-Series Data Search.

Latest: 1.71 Percent per annum; Jul 2026
vs previous period: −3.5%; Jun 2026
vs a year earlier: +33.3%

About this data

Average contract interest rates on new and outstanding loans and bills discounted by type of bank, short-term and long-term. 45 series. Source: Bank of Japan, Time-Series Data Search.