Mixed trends in deposit and loan interest rates in November 2019
Rates on deposits and loans followed mixed trends in November last year in the Cypriot banking system, data released by the Cyprus Central Bank, on Tuesday, show.
According to the official data, the interest rate on deposits from households with an agreed maturity of up to one year recorded an increase to 0.16%, compared with 0.12% in the previous month.
The corresponding interest rate on deposits from non-financial corporations registered a marginal decline to 0.30% compared with 0.31% in the previous month.
At the same time, the interest rate on consumer credit last November fell to 3.00%, compared with 3.03% in the previous month.
The interest rate on loans for house purchase increased to 2.10% compared with 2.08% in the previous month.
The interest rate on loans to non-financial corporations for amounts up to
(CNA)
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According to the official data, the interest rate on deposits from households with an agreed maturity of up to one year recorded an increase to 0.16%, compared with 0.12% in the previous month.
The corresponding interest rate on deposits from non-financial corporations registered a marginal decline to 0.30% compared with 0.31% in the previous month.
At the same time, the interest rate on consumer credit last November fell to 3.00%, compared with 3.03% in the previous month.
The interest rate on loans for house purchase increased to 2.10% compared with 2.08% in the previous month.
The interest rate on loans to non-financial corporations for amounts up to
(CNA)
*The full text of the news item is available in the paid version of the CNA web service. Subscription Form
*CNA reserves the copyright to the news stories it files, which is granted to subscribers for specific use only.
from Cyprus News Agency
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