In May 2026, the weighted average interest rate on new deposits increased to 0.35%, while the corresponding rate on new loans decreased to 4.65%.
– The interest rate spread between new deposits and loans decreased to 4.30 percentage points.
– In May 2026, the weighted average interest rate on outstanding amounts of deposits increased to 0.34%, while the corresponding rate on loans remained almost unchanged at 4.63%.
– The interest rate spread between outstanding amounts of deposits and loans remained almost unchanged at 4.29 percentage points.
1. Interest rates on euro-denominated new deposits and loans
New Deposits
In May 2026, the weighted average interest rate on new deposits increased by 3 basis points to 0.35% compared with the previous month.
In particular, the average interest rate on overnight deposits placed by households remained unchanged at 0.03%, while the corresponding rate on deposits placed by non-financial corporations remained almost unchanged at 0.10%.
The average interest rate on deposits with an agreed maturity of up to 1 year from households remained almost unchanged at 1.14%, while the corresponding rate on deposits from non-financial corporations increased by 17 basis points to 1.93%.
New Loans
The weighted average interest rate on new loans to households and non-financial corporations decreased by 12 basis points to 4.65%.
Specifically, the average interest rate on consumer loans without a defined maturity (a category that comprises credit cards, revolving loans and overdrafts) remained almost unchanged at 14.63%.
The average interest rate on consumer loans with a defined maturity at a floating rate decreased by 19 basis points to 10.75%, while the average interest rate on housing loans at a floating rate remained almost unchanged at 3.50%.
The average interest rate on corporate loans without a defined maturity remained almost unchanged at 4.61%.Τhe corresponding rate on loans to sole proprietors remained unchanged at 6.85%.
The average interest rate on new corporate loans with a defined maturity at a floating rate decreased by 20 basis points to 4.20%. The average interest rate on loans with a defined maturity at a floating rate to small and medium-sized enterprises (SMEs) decreased by 15 basis points to 4.43%.
As regards the structure of interest rates according to the size of loans granted, the average rate on loans of up to €250,000 increased by 8 basis points to 5.09%, on loans of over €250,000 and up to €1 million it increased by 14 basis points to 4.54%, while on loans of over €1 million it decreased by 22 basis points to 4.15%.
2. Interest rates on outstanding amounts of euro-denominated deposits and loans
Deposits
In May 2026, the weighted average interest rate on outstanding amounts of deposits (including overnight deposits) increased by 4 basis points to 0.34%.
In particular, the average interest rate on outstanding amounts of deposits with an agreed maturity of up to 2 years placed by households remained unchanged at 1.14%, while the corresponding rate on deposits placed by non-financial corporations increased by 16 basis points to 1.87%.
Loans
The weighted average interest rate on outstanding amounts of loans remained almost unchanged at 4.63%.
In particular, the average interest rate on outstanding amounts of housing loans with over 5 years’ maturity remained unchanged at 3.60%. The corresponding rate on consumer and other loans to individuals and private non-profit institutions increased by 9 basis points to 8.40%.
The average interest rate on corporate loans with over 5 years’ maturity remained almost unchanged at 4.14%. The corresponding rate on loans to sole proprietors remained also almost unchanged at 5.39%.
Table 1: Average interest rates on new euro-denominated deposits and loans (percentages % per annum)
Table 2: Average interest rates on outstanding amounts of euro-denominated deposits and loans (percentages % per annum)
