The Bank of Greece on Monday announced that the overall weighted average interest rates on new deposits and on new loans in February 2016 decreased from the previous month. The interest rate spread between loan and deposit rates remained unchanged at 4.42 percentage points.
The overall weighted average interest rate on all new deposits decreased by 6 basis points from the previous month to 0.49 percent. In particular, the average interest rate on overnight deposits placed by households remained unchanged at 0.15 percent, while the respective one on deposits placed by non-financial corporations remained almost unchanged at 0.20 percent.
The average interest rate on deposits placed by households with an agreed maturity of up to one year decreased by 10 basis points to 0.91 percent, the central bank announced.
