In March 2021, the weighted average interest rate of all new deposits remained almost unchanged, while the corresponding interest rate on new loans increased, as announced today by the Bank of Greece.
The interest rate margin also rose to 3.91 percentage points.
The weighted average interest rate of all new deposits remained almost unchanged at 0.06%.
In particular, the average interest rates on overnight deposits from households and businesses remained unchanged at 0.04% and 0.02% respectively. The average interest rate on deposits with an agreed duration of up to 1 year by households remained almost unchanged at 0.16%, compared to the previous month.
New Loans
The weighted average interest rate on all new loans to households and businesses increased by 13 basis points to 3.97%. In particular, the average interest rate on consumer loans with no fixed maturity (category that includes credit card loans, open loans and current account overdrafts) remained almost unchanged at 14.64%.
The average interest rate on consumer loans with a specific duration and floating interest rate decreased by 35 basis points to 10.49%. The average interest rate on floating rate mortgages increased by 5 basis points to 2.43%.
The average interest rate on business loans with no fixed duration remained unchanged at 4.34%. The corresponding interest rate on business loans decreased by 5 basis points to 6.58%.
The average interest rate on new business loans with specific duration and floating interest rate increased in March 2021, by 49 basis points to 3.22%, while the corresponding amount of loans decreased to 544 million euros compared to 907 million euros last month. . In particular, the average interest rate on floating-rate loans to small and medium-sized enterprises (SMEs) fell to 3.22% from 3.37% last month, while the corresponding amount of loans increased to € 391 million from € 321 million. last month.
Regarding the structure of interest rates in terms of the amount of the loan, it is noted that the average interest rate for loans up to 250,000 euros decreased by 19 basis points to 4.51%, for loans from 250,001 to 1 million euros decreased by 20 basis points to 3 , 11%, while for loans over 1 million euros it increased by 47 basis points to 2.92%.
Interest rates on existing deposits and loans
In March 2021, the weighted average interest rates on the existing balances of all deposits and loans remained almost unchanged. The interest rate margin also remained almost unchanged at 3.61 percentage points.
Existing Deposits
The weighted average interest rate on all existing deposits (including overnight deposits) remained almost unchanged at 0.06%.
The average interest rate on existing deposit balances with an agreed maturity of up to 2 years by households remained almost unchanged at 0.16%. The corresponding interest rate on corporate deposits remained unchanged at 0.11%.
Existing Loans
The weighted average interest rate on existing loans stood at 3.67%, compared to 3.69% in the previous month.
In particular, the average interest rate on existing mortgage balances over 5 years remained unchanged at 2.01%. The average interest rate on the existing balances of consumer and other loans to individuals and private non-profit institutions with a maturity of more than 5 years was 6.60% from 6.57% in the previous month. The respective interest rates on business and professional loans remained almost unchanged at 3.20% and 4.22%.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Eurostat: Women and Youth Most Underpaid in Greece
In the EU 18.2% of women are low-paid compared to men, against 23% in Greece. A staggering 43% of young Greeks are low-paid—the second-worst rate in Europe.
Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.
Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”
Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.
Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.
Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.
WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year
IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock
First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-90x90.jpg)
![Οι αλλαγές που υπάρχουν στα φορολογικά έντυπα για τα εισοδήματα του φορολογικού έτους 2024 από ακίνητα [Γ’ Μέρος]](https://www.ot.gr/wp-content/uploads/2025/03/akinita-600x400.jpeg)
