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Lending Rates of Domestic Banks Significantly Lower Than in the Euro Area
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The lending interest rates for private households and businesses have risen recently. But despite this, rates are more advantageous than in other euro-countries.
Lending Rates of Domestic Banks Significantly Lower Than in the Euro Area / Picture: © Vindobona.org
In the case of deposit rates, the newly determined rates remain below the average of the euro area, which was affected upwards by relatively high interest rates in some southern countries.
In the third quarter of 2010, with no political interest impulses coming from the European Central Bank (ECB key rate remained at 1.00%), the rises in interbank interest rates (the 3-month…
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