The weighted average interest rate on new deposits remained at 0.31% in April 2026, while the corresponding rate on new loans rose by 37 basis points to 4.76%. As a result, the interest rate spread between new deposits and loans widened to 4.45 percentage points.
In April 2026, the weighted average interest rate on all existing deposits remained unchanged at 0.30%, while the corresponding interest rate on loans remained virtually unchanged at 4.60%. According to data from the Bank of Greece, the interest rate spread between existing deposits and loans remained virtually unchanged at 4.30 percentage points.
In more detail:
Interest rates on new deposits and loans in euros
New Deposits
In April 2026, the weighted average interest rate on all new deposits remained unchanged at 0.31% compared to the previous month.
Specifically, the average interest rate on overnight deposits from households remained unchanged at 0.03%, while the corresponding interest rate on deposits from businesses decreased by 4 basis points to 0.09%.
The average interest rate on deposits with an agreed maturity of up to 1 year from households increased by 4 basis points to 1.13%, while the corresponding interest rate on deposits from businesses remained virtually unchanged at 1.76%.
New Loans
The weighted average interest rate on all new loans to households and businesses rose by 37 basis points to 4.76%.
Specifically, the average interest rate on consumer loans with no fixed term (a category that includes credit card loans, open-ended loans, and overdrafts on checking accounts) remained unchanged at 14.65%.
The average interest rate on consumer loans with a fixed term and a floating rate increased by 138 basis points to 11.19%, while the average interest rate on floating-rate housing loans remained virtually unchanged at 3.49%.
The average interest rate on business loans with no fixed term increased by 6 basis points to 4.59%, while the corresponding rate on commercial loans increased by 7 basis points to 6.85%.
The average interest rate on new business loans with a fixed term and a floating interest rate increased by 50 basis points to 4.41%. The average interest rate on fixed-term loans with a floating rate to small and medium-sized enterprises (SMEs) increased by 36 basis points to 4.58%.
Regarding the breakdown of interest rates by loan amount, it is noted that the average interest rate for loans up to €250,000 increased by 27 basis points to 5.08%, for loans from €250,001 to €1 million, it rose by 16 basis points to 4.48%, while for loans over €1 million, it rose by 54 basis points to 4.37%.
Interest rates on existing deposit and loan balances in euros
Outstanding Deposits
The weighted average interest rate on total outstanding deposits (including overnight deposits) remained unchanged at 0.30% in April 2026.
Specifically, the average interest rates on outstanding balances of deposits with an agreed maturity of up to 2 years from households and businesses remained virtually unchanged at 1.14% and 1.71%, respectively.
Outstanding Loans
The weighted average interest rate on outstanding loans remained virtually unchanged at 4.60%.
In particular, the average interest rate on outstanding mortgage loan balances with a maturity of over 5 years remained virtually unchanged at 3.6%. The corresponding interest rate on consumer and other loans to households and private non-profit institutions also remained virtually unchanged at 8.31%.
The average interest rate on outstanding balances of business loans with a maturity of over 5 years remained virtually unchanged at 4.13%. The corresponding interest rate on commercial loans also remained virtually unchanged at 5.36%.