The Bank of Greece reported that weighted average interest rates on new euro-denominated deposits and loans were broadly unchanged in July 2026 at 0.39% and 4.67%, respectively. The spread between new deposit and loan rates remained at 4.28 percentage points. For outstanding balances, the average deposit rate was broadly stable at 0.37%, while the average loan rate rose by 7 basis points to 4.81%, widening the spread to 4.44 percentage points. Among new business, household deposits with maturities of up to one year rose to 1.24%, while equivalent corporate deposit rates increased to 2.02%. Floating-rate housing loans remained broadly unchanged at 3.53%, defined-maturity corporate loans were stable at 4.21%, and equivalent lending to small and medium-sized enterprises fell to 4.45%. Rates on outstanding housing, consumer and corporate loans all increased.
2026-09-02Bank of Greece
Bank of Greece reports stable new deposit and loan rates, wider spread on outstanding balances in July
The Bank of Greece reported broadly stable average rates on new deposits and loans in July 2026 at 0.39% and 4.67%, leaving the spread unchanged at 4.28 percentage points. The average rate on outstanding loans rose to 4.81%, widening its spread over outstanding deposit rates to 4.44 percentage points.