Tag: deposit rates

The paradox of the reduction of interest rates on deposits in Greece

The paradox of the reduction of interest rates on deposits in Greece The paradox of the reduction of interest rates on deposits in Greece

By Leonidas Stergiou The figures published by the ECB and the Bank of Greece for July interest rates are impressive. The conclusions become even more interesting when compared to previous months, when the cost of money was lower. And they become even more interesting when comparisons are made between the course of Greek interest rates, […]

BoE: Rising loan rates in June – Unchanged deposit rates

BoE: Rising loan rates in June – Unchanged deposit rates BoE: Rising loan rates in June – Unchanged deposit rates

Interest rates on loans moved upwards in June, while interest rates on deposits remained unchanged, as can be seen from the data published on Tuesday by the Bank of Greece. In particular, the average weighted interest rate on new deposits remained almost unchanged at 0.03%, in June 2022, while the average weighted interest rate on […]

BoG: Unchanged interest rate on deposits, increased in new loans

BoG: Unchanged interest rate on deposits, increased in new loans BoG: Unchanged interest rate on deposits, increased in new loans

The weighted average interest rate on new deposits remained unchanged at 0.04% in April 2022, while the weighted average interest rate on new loans increased to 4.14%, the Bank of Greece announced today. The interest rate margin between new deposits and loans increased to 4.10 percentage points. The weighted average interest rates of all existing […]