EFG Eurobank Brings Down Interest Rates

10 March 2000

EFG Eurobank, keeping pace with market developments, will be reducing its interest rates on deposits and loans as of Tuesday, 14 March 2000.

EFG Eurobank, keeping pace with market developments, will be reducing its interest rates on deposits and loans as of Tuesday, 14 March 2000.

The new interest rates will be as follows:

Savings accounts 6.50% (from 7%)

"Bonus" floating interest-rate housing loans 10.75% (from 11.25%)

3-year fixed interest-rate housing loans 8.25% (from 8.50%)

5-year fixed interest-rate housing loans 7.40% (from 7.50%)

10-year fixed interest-rate housing loans 7.30% (from 7.40%)

Small-business loans 13% (from 13.50%)

Small-business fixed-asset loans 12.75% (from 13.25%)

Small-business real-estate loans 12% (from 13%)

"Open" loans 20% (from 21%)

Personal loans 20% (from 21%)

Consumer-durable loans 19.50% (from 20.50%)

Car loans 13.50% (from 14%)

Eurobank Visa 21% (from 22%)

Mastercard 21% (from 22%)