In September 2026, the weighted average interest rate on new deposits stood at 0.40%, up from 0.37%, while the rate on loans stood at 4.76%, down from 4.79% the previous month.
According to Bank of Greece data, the interest rate spread between new deposits and loans narrowed to 4.36 percentage points. In the same month, the weighted average interest rate on all outstanding deposits was almost unchanged at 0.39%, while the corresponding rate on loans rose to 4.92%.
The interest rate spread between outstanding deposits and loans widened to 4.53 percentage points.
New deposits
In September 2026, the weighted average interest rate on all new deposits stood at 0.40%, up from 0.37% the previous month.
In particular, the average rate on overnight deposits from households was unchanged at 0.03%, while the corresponding rate on deposits from businesses was almost unchanged at 0.24%.
The average rate on household deposits with an agreed maturity of up to one year rose by 11 basis points to 1.28%, while the corresponding rate on deposits from businesses increased by 19 basis points to 2.16%.
New loans
The weighted average interest rate on all new loans to households and businesses stood at 4.76%, down from 4.79% the previous month.
In particular, the average rate on consumer loans without a fixed maturity (a category that includes credit card loans, open-ended loans and overdrafts on current accounts) was almost unchanged at 14.61%.
The average rate on consumer loans with a fixed term and a floating rate rose by 49 basis points to 10.38%, while the average rate on mortgages with a floating rate increased by 33 basis points to 3.72%.
The average rate on business loans without a fixed maturity rose by 12 basis points to 4.87%, while the corresponding rate on loans to professionals increased by 14 basis points to 7.04%.
The average rate on new business loans with a fixed term and a floating rate was unchanged at 4.35%. The average rate on term loans with a floating rate to small and medium-sized enterprises (SMEs) fell by 5 basis points to 4.53%.
As regards the breakdown of interest rates by loan size, the average rate on loans of up to and including €250,000 rose by 8 basis points to 5.02%; the rate on loans from €250,001 to €1 million was almost unchanged at 4.70%, while the rate on loans above €1 million was also almost unchanged at 4.25%.
Outstanding deposits
The weighted average interest rate on all outstanding deposits (including overnight deposits) was almost unchanged at 0.39% in September 2026.
In particular, the average rate on outstanding balances of household deposits with an agreed maturity of up to two years was almost unchanged at 1.23%, while the corresponding rate on deposits from businesses rose by 8 basis points to 2.17%.
Outstanding loans
The weighted average interest rate on outstanding loans rose by 8 basis points to 4.92%.
In particular, the average rate on outstanding balances of mortgages with a maturity of more than five years rose by 4 basis points to 3.78%. The corresponding rate on consumer and other loans to individuals and private non-profit institutions also increased by 4 basis points to 8.55%.
The average rate on outstanding balances of business loans with a maturity of more than five years rose by 8 basis points to 4.49%. The corresponding rate on loans to professionals increased by 13 basis points to 5.73%.