The Bank of Lithuania published a March 2025 comparison of interest rates on new business loans and deposits with agreed maturity offered by credit institutions operating in Lithuania versus euro area peers, using data published by the European Central Bank. The release shows household term deposit rates in Lithuania were close to the euro area average, while all deposit and loan rates covered in the comparison fell in Lithuania versus December 2024. Over the three-month period, interest rates on household deposits with agreed maturity in Lithuania fell by 0.58 percentage points to 2.12% versus a 0.34 percentage point decline in the euro area average to 2.11%, the second largest drop among euro area countries after Estonia. Non-financial corporation term deposit rates declined by 0.37 percentage points to 2.26%, remaining below the euro area average of 2.33% (down 0.47 percentage points). On lending, housing loan rates in Lithuania eased to 4.2% (down 0.16 percentage points) versus 3.31% in the euro area (down 0.04 percentage points), while consumer loan rates fell to 8.65% (down 0.6 percentage points) even as the euro area average rose to 7.52%. Rates on loans to households for other purposes dropped to 6.82% (down 1.66 percentage points) while the euro area average was broadly flat at 4.36%; lending to non-financial corporations fell to 4.98% (down 0.29 percentage points) but remained 118 basis points above the euro area average of 3.8% (down 0.42 percentage points). The figures are weighted annualised rates on new business, including renegotiated contracts, and exclude revolving credit, overdrafts and credit card debt, as well as automatic renegotiations of existing deposit contracts.

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