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ECB: Bank interest rates in the euro area in June uneven

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EZB_090208_007_(c) Anders FRANKFURT (Dow Jones) – Bank interest rates in the euro area have become mixed in June , while the lending rates tended to decline. As the European Central Bank ( ECB) interest rate statistics published for the monetary financial institutions ( MFIs ) showing the interest rate for overnight deposits by households increased to 0.42 % from 0.40 % in May. (Photo : Anders)

Deposits with a maturity of up to one year, interest rate of 2.15% (May: 2.04%). For non -financial companies with the daily overnight interest rates were 0.43% (0.43 %) to the previous month level , one-year interest-bearing deposits with 0.87% (0.77 %).
In the credits, the interest owed to households rose to 9.02% ( 8.78% ) , interest rates for home purchase ( up to ten-year loans fixed interest ) amounted to 4.08 % ( 4.14% ). The cost of borrowing for non-financial companies for loans of at least EUR 1 million increase in variable-rate loans with initial interest rate fixation over a year to 2.17 % ( 1.96% ) for loans with an initial interest rate fixation over five years, reduced interest rates 3.33 % (3.41 %). Reported by the ECB interest rates are average for the euro area.

Website: www.ecb.int
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