In March 2025, the average weighted interest rate on new deposits remained almost unchanged to 0.39%, while the corresponding interest rate of new loans decreased to 4.75%, according to the Bank of Greece today.

At the same time, according to the announcement, the interest rate margin between new deposits and loans decreased to 4.36 percentage points. In addition, in March 2025, the average interest rates of all existing deposits and loans decreased to 0.43% and 5.13%, respectively. In addition, the interest rate margin between existing deposits and loans decreased to 4.70 percentage points.

In detail the BoG announcement:

1. Interest rates on new deposits and loans in euro

New deposits

In March 2025, the average weighted interest rate of all new deposits remained almost unchanged at 0.39% compared to the previous month.

In particular, the average interest rate on one -day deposits from households remained unchanged at 0.03%, while the corresponding deposit rate from businesses remained almost unchanged at 0.15%.

The average deposit rate of up to 1 year of households decreased by 10 basis points to 1.40%, while the corresponding deposit rate from businesses remained almost unchanged to 2.15%.

New loans

The average weighted interest rate of all new loans to households and businesses decreased by 29 basis points and stood at 4.75%.

In particular, the average interest rate on consumer loans without a specified duration (category involving credit card loans, open loans and over -running accounts) decreased by 4 basis points and stood at 14.78%.

The average interest rate on consumer loans with a specific duration and a floating rate decreased by 10 basis points and stood at 11.54%, while the average interest rate on a floating rate increased by 7 basis points to 3.63%.

The average interest rate on business loans without a specified duration decreased by 10 basis points and stood at 5.19%. The corresponding interest rate on business loans decreased by 9 basis points and stood at 7.04%.

The average interest rate on new business loans with a specific duration and floating rate decreased by 45 basis points and stood at 4.12%. The average interest rate on the expiry loans at a floating rate to small and medium -sized enterprises (SMEs) decreased by 27 basis points and stood at 4.44%.

In terms of interest rates on the loan, it is noted that the average interest rate for loans up to 250,000 euros increased by 22 basis points to 4.92%, for loans from 250.001 to 1 million euros decreased by 20 basis points to 4.67%, while for loans above EUR 1 million.

2. Reds in existing deposits and loans in euro

Existing deposits

The average weighted interest rate of all existing deposits (including one day’s deposits) decreased by 3 basis points and stood at 0.43% compared to the previous month.

In particular, the average interest rate on existing household deposits with a agreed duration of up to 2 years decreased by 8 basis points and was 1.61%, while the corresponding interest rate on businesses decreased by 12 basis points and stood at 2.13%.

Existing loans

The average weighted interest rate on existing loans decreased by 12 basis points and stood at 5.13%.

In particular, the average interest rate on the existing housing loans over 5 years decreased by 11 basis points and stood at 3.95%. The corresponding interest rate on consumer and other loans to individuals and private non -profit institutions remained almost unchanged at 8.24%.

The average interest rate on business loans over 5 years decreased by 11 basis points and stood at 4.73%. The corresponding interest rate on business loans decreased by 13 basis points and stood at 6.02%.