Sponsored
Article Tools

Lending Rates of Domestic Banks Significantly Lower Than in the Euro Area

Published: November 23, 2010; 14:43 · (Vindobona)

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: © Flickr

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…

This article includes a total of 221 words.

or Log In