Deposit, lending interest rates down in August

The weighted mean involvement rates connected caller deposits and loans decreased to 0.31% and 4.45% successful August, the Bank of Greece said connected Wednesday.

It added that the involvement complaint spread betwixt caller deposits and loans remained astir unchanged astatine 4.14 percent points.

In August, the weighted mean involvement rates connected outstanding amounts of deposits and loans remained astir unchanged astatine 0.32% and 4.66%, respectively, while the involvement complaint spread betwixt outstanding amounts of deposits and loans remained astir unchanged astatine 4.34 percent points.

The weighted mean involvement complaint connected caller deposits decreased successful August by 3 ground points to 0.31% compared with the erstwhile month.

The mean involvement rates connected overnight deposits placed by households remained unchanged astatine 0.03%, while the corresponding complaint connected deposits by non-financial corporations decreased by 3 ground points to 0.10%.

The mean involvement complaint connected deposits from households with an agreed maturity of up to a year decreased by 4 ground points to 1.12%, while the corresponding complaint connected deposits from non-financial corporations besides decreased by 7 ground points to 1.62%.

The weighted mean involvement complaint connected caller loans to households and non-financial corporations decreased by 4 ground points to 4.45%.