The increase of the benchmark Euribor during the current period and the limited liquidity still plaguing the Greek banking market require the adjustment of the Bank’s following interest rates as follows:
DEPOSIT INTEREST RATES
- Interest rates on Professional (individuals) Time Deposit Accounts increase up to 40 basis points.
- Interest rates on Current Account deposits for Individuals increase up to 25 basis points.
LOAN INTEREST RATES
- The base rate of loans to Small Businesses and Professionals, as well as the base rate of Working Capital financing to Corporates increase by 25 basis points
- The variable interest rates of credit cards and consumer loans increase by 25 basis points.
The new interest rates will apply as of Friday, 1st July 2011.