The Bank of Greece published its November 2025 bank interest rate statistics, showing the weighted average rate on new euro-denominated deposits broadly unchanged at 0.30% while the corresponding rate on new loans rose by 20 basis points to 4.65%. This widened the spread between new loans and deposits to 4.35 percentage points. For outstanding amounts, average deposit and loan rates were unchanged at 0.31% and 4.62% respectively, keeping the spread at 4.31 percentage points. Household overnight deposit rates held at 0.03%, while the overnight rate for non-financial corporations fell to 0.08% from 0.10%; deposits with agreed maturity up to one year were 1.12% for households and 1.67% for non-financial corporations, the latter down 5 basis points. On lending, consumer credit without a defined maturity was 14.66%, floating-rate consumer loans with defined maturity fell to 11.14%, and floating-rate housing loans were steady at 3.40%. New corporate lending with defined maturity at a floating rate rose to 3.76% (SMEs 4.16% unchanged), while rates by loan size moved to 4.52% for loans up to EUR 250,000, 4.28% for EUR 250,000 to EUR 1 million, and 3.68% for loans above EUR 1 million. The release notes that “new business” reflects contracts agreed during the month, and floating-rate loans include those with an initial rate fixation period of up to one year. The next press release covering December 2025 data is scheduled for 4 February 2026.
Bank of Greece 2026-01-07
Bank of Greece reports higher new lending rates in November 2025 as deposit rates remain stable
The Bank of Greece reported that in November 2025, the weighted average rate on new euro-denominated deposits remained at 0.30%, while the rate on new loans increased by 20 basis points to 4.65%, widening the spread to 4.35 percentage points. The next update for December 2025 data is expected on 4 February 2026.