Minor changes in Greek deposit and lending interest rates in May

EconomyMacroeconomy Tags: Banking, BoG, Rates
Photo by MacroPolis
Photo by MacroPolis

Greek households’ new time deposit rate slightly eased for the fifth straight month in May, when they fell by by 2 basis points (bps) to 0.85 percent from 0.87 percent in April, Bank of Greece (BoG) data displayed on Tuesday.

As a result, Greek corporate lending rates broadly remain 250-300 bps above the eurozone average figures.

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