The spread between loan and deposit interest rates dropped to 4.10 percentage points in June, as the overall weighted average interest rate on new deposits remained unchanged, whereas the overall weighted average interest rate on new loans decreased, the Bank of Greece said in a report released on Wednesday, according to ANA.
The central bank added that the overall weighted average interest rate on all new deposits remained unchanged at 0.28 pct. In particular, the average interest rate on overnight deposits placed by households remained unchanged at 0.09 pct, while the average interest rate on overnight deposits placed by non-financial corporations remained almost unchanged at 0.14 pct. The average interest rate on deposits from households with an agreed maturity of up to 1 year remained also basically unchanged at 0.60 pct.
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