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EconomyBanking
Bumper results for banks add to frustration over interest rates, fees Over recent weeks, the Greek systemic banks released another set of solid results for H1, with strong profitability and building on last year’s performance that allowed them to distribute total dividends exceeding 900 million euros, the first distribution to shareholders in 16 years.
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EconomyMacroeconomy
Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years Interest rates on loans in Greece continued their upward trend that started in the summer, with the weighted average rate on loans climbing to over 5 percent, at 5.06 percent at the end of 2022, according to the latest data released by the Bank of Greece on Thursday.
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EconomyMacroeconomy
Overall loan interest drop to 4.30 pct in February The overall weighted average interest rate on all new loans to households and non-financial corporations rose by 6 percentage points to 4.30 percent in February from 4.36 percent in January, data from the Bank of Greece (BoG) showed on Wednesday.
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EconomyMacroeconomy
Overall loan interest edged up to 4.36 pct in January The overall weighted average interest rate on all new loans to households and non-financial corporations rose by 2 percentage points to 4.36 percent in January from 4.34 percent in December, data from the Bank of Greece (BoG) showed on Wednesday.
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EconomyMacroeconomy
Overall loan interest remains at 4.34 pct in December The overall weighted average interest rate on all new loans to households and non-financial corporations remained at 4.34 percent in December, unchanged from November, data from the Bank of Greece (BoG) showed on Tuesday.
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EconomyMacroeconomy
Overall loan interest rate edges up to 4.34 pct in Nov The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted in October, data from the Bank of Greece (BoG) showed on Tuesday.
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EconomyMacroeconomy Overall loan interest drops to 4.32 pct in October The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.32 percent in October, down by 27 basis points (bps) from the rate of 4.59 noted in September, data from the Bank of Greece (BoG) showed on Wednesday.
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EconomyMacroeconomy
Loan interest drops to 4.59 pct in September The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.59 percent in September, down 9 basis points (bps) from the rate of 4.68 noted in August, data from the Bank of Greece (BoG) showed on Thursday.
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EconomyMacroeconomy
Overall loan interest rate edges up to 4.68 pct in August The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.68 percent in August, up 11 basis points (bps) from the rate of 4.57 noted in July, data from the Bank of Greece (BoG) showed on Wednesday.
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EconomyMacroeconomy Deposit interest rates largely unchanged in April, average loan rate increases Greek households’ new time deposit rate edged up by 2 basis points (bps) to 0.68 percent in April, Bank of Greece (BoG) figures showed on Friday.