TE: Interest Rates on Loans Increased in August 2026, Remained Stable on Deposits
9 Articles
9 Articles
The cost of new loans for households and businesses rose again in August, while deposit rates remained almost unchanged. According to data from the Bank of Greece, the average interest rate on new loans increased to 4.79%, from 4.68% in July, while the average interest rate on new deposits remained at 0.37%.
The average interest rate on new deposits remained at 0.37% in August, while the average interest rate on new loans rose to 4.79%. The “gap” between the money that banks give to depositors and the interest they ask of those who borrow remains large. August data shows that deposits continue to yield very low returns, while loans remain expensive and credit cards charge interest rates close to 15%. According to data from the Bank of Greece, the av…
The interest rate spread increased in August, according to data from the Bank of Greece, with the average interest rate on new loans standing at 4.79%, while the corresponding interest rate
Banks' profit margin expanded to 4.42 percentage points - Reductions in mortgages, burden on business loans
The weighted average interest rate on all new loans to households and businesses increased by 11 basis points.
Through today's announcement (1/10), the Bank of Greece (TTE) released data on bank interest rates on deposits and loans in August 2026. In particular, according to the TTE, in August 2026, the weighted average interest rate on all new deposits remained almost unchanged at 0.37% compared to the previous month. In particular, the average overnight deposit rate from households remained unchanged at 0.03%, while the corresponding rate on deposits f…
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