The weighted average interest rate on new deposits increased by 4 basis points to 0.10%.
In particular, the average interest rate on overnight deposits placed by households remained unchanged at 0.03%, while the corresponding rate on deposits by non-financial corporations stood at 0.05% compared with 0.03% in the previous month. The average interest rate on deposits from households with an agreed maturity of up to 1 year increased by 13 basis points to 0.33%.
The weighted average interest rate on new loans to households and non-financial corporations increased by 17 basis points to 5.06%.
More specifically, the average interest rate on consumer loans without a defined maturity (a category that comprises credit cards, revolving loans and overdrafts) increased by 8 basis points to 14.68%.
The average interest rate on consumer loans with a defined maturity at a floating rate increased by 25 basis points to 11.32%. The average interest rate on housing loans at a floating rate increased by 18 basis points to 3.81%.
The average interest rate on new corporate loans without a defined maturity increased by 19 basis points to 5.21%. The corresponding rate on loans to sole proprietors increased by 9 basis points to 7.06%.
In December 2022, the average interest rate on corporate loans with a defined maturity at a floating rate increased by 24 basis points to 4.54%. The average interest rate on loans with a defined maturity at a floating rate to small and medium-sized enterprises (SMEs) increased by 15 basis points to 4.83%.
As regards the structure of interest rates according to the size of loans granted, the average rate on loans of up to €250,000 increased by 5 basis points to 6.14%, on loans of over €250,000 and up to €1 million increased by 11 basis points to 5.14% and on loans of over €1 million increased by 25 basis points to 4.49%.
Interest rates on outstanding amounts of euro-denominated deposits and loans
The weighted average interest rate on outstanding amounts of deposits (including overnight deposits) increased by 4 basis points to 0.09%.
In particular, the average interest rate on outstanding amounts of deposits with an agreed maturity of up to 2 years placed by households increased by 8 basis points to 0.22%. The corresponding rate on deposits from non-financial corporations increased by 46 basis points to 0.73%.
The weighted average interest rate on outstanding amounts of loans increased by 44 basis points to 5.02%.
In particular, the average interest rate on outstanding amounts of housing loans with over 5 years’ maturity increased by 27 basis points to 3.68%. The corresponding rate on consumer and other loans to individuals and private non-profit institutions increased by 8 basis points to 7.02%.
The average interest rate on corporate loans with over 5 years’ maturity increased by 74 basis points to 4.71%. The corresponding rate on loans to sole proprietors increased by 33 basis points to 5.87%.
