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Loan rates rebounded in July, deposit rates continued heading south
The interest rate on households’ new time deposits fell by another 11 basis points (bps) to 2.28 percent in July, according to the Bank of Greece (BoG).
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BoG shows lower deposit rates and a sharper drop in loan rates in June
Τhe interest rate on households’ new time deposits dropped another 14 basis points (bps) to 2.39 percent in June, according to the Bank of Greece (BoG).
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Loan and deposit rates edge down in May but remain above euro area average
Following a drop by 10 basis points (bps) in April, the interest rate on households’ new time deposits fell further by 18 bps 2.53 percent in May, according to the Bank of Greece (BoG).
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Cost of Greek corporate loans rises in April, remains well above euro average
After remaining stable for the past five months, the interest rate on households’ new time deposits eased by 10 basis points (bps) to 2.71 percent in April, according to the Bank of Greece (BoG).