Average loan rate rises to 4.86 pct in Oct

EconomyMacroeconomy Tags: Banking, BoG, Loans
Photo via https://flic.kr/p/2mWYuuz
Photo via https://flic.kr/p/2mWYuuz

The Bank of Greece released on Friday the latest rates information for deposits and loans for October, which showed that the average rates for new loans are 4.86 percent, from 4.6 percent in the previous months.

The weighted average interest rate of existing loans in October was 4.27 percent.

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