The overall weighted average interest rate on all new deposits stood at 0.29%, unchanged from the previous month. In particular, the average interest rate on overnight deposits placed by households remained unchanged at 0.09% and the average interest rate on overnight deposits placed by non-financial corporations remained almost unchanged, at 0.13%. The average interest rate on deposits from households with an agreed maturity of up to 1 year remained at 0.62%, unchanged from the previous month. The overall weighted average interest rate on all new loans to households and corporations decreased by 12 basis points to 4.70%. More specifically, the average interest rate on consumer loans without a defined maturity (a category which comprises credit cards, open account loans and overdrafts) remained almost unchanged at 14.36%. The average interest rate on consumer loans with a defined maturity at a floating rate (1) decreased by 22 basis points to 8.30%. The average interest rate on corporate loans without a defined maturity decreased by 8 basis points to 5.34%. Τhe corresponding rate on loans to sole proprietors also decreased by 5 basis points to 7.01%. The average interest rate on corporate loans with a defined maturity at a floating rate (1) decreased by 18 basis points to 4.15%. In particular, the rate on loans of up to €250,000 increased by 11 basis points to 5.44%, on loans of over €250,000 and up to €1 million decreased by 30 basis points to 4.61%, while the rate on loans of over €1 million decreased by 26 basis points to 3.97%. Finally, the average interest rate on housing loans at a floating rate (1) decreased by 7 basis points to 2.74%.
In September 2017, the overall weighted average interest rate on the outstanding amounts of all deposits remained unchanged, while the corresponding rate on all loans remained almost unchanged. The spread* between loan and deposit rates stood at 4.26 percentage points from 4.28 points in the previous month (see Table 2). In more detail, the overall weighted average interest rate on the outstanding amounts of all deposits (including overnight deposits) remained unchanged at 0.31%, while the corresponding rate on all loans stood at 4.57% compared with 4.59% in the previous month. In particular, the average interest rate on the outstanding amounts of deposits with an agreed maturity of up to 2 years placed by households stood at 0.63%, unchanged from the previous month. The average interest rate on the outstanding amounts of deposits with an agreed maturity of up to 2 years placed by non-financial corporations stood at 0.77%, almost unchanged from the previous month. The average interest rate on the outstanding amounts of housing loans with over 5 years' maturity remained unchanged at 2.36%. The corresponding rate on corporate loans remained almost unchanged at 3.69%, and the rate on loans to sole proprietors decreased by 5 basis points to 4.93%. |