Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct

EconomyMacroeconomy Tags: Banking, BoG, Rates
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Greek households’ new time deposit rate declined for the third successive month in November, when t fell by 5 basis points (bps) to 0.71 percent from 0.76 percent in October, Bank of Greece (BoG) data showed on Wednesday.

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