Interest Rates

27 November 2000

EFG Eurobank Ergasias has adjusted its interest rates on loans and advances and deposits.

EFG Eurobank Ergasias has adjusted its interest rates on loans and advances and deposits. The new rates will apply from 1 December 2000, and are as follows:

Basic corporate-loan interest rate: 10.25 % (from 10.50%)

"Open" loan with floating rate: 15.75% (from 16.50%)

Mastercard rate: 17.50% (from 18.50%) Housing credit

Drachma Floating rate: 9.90% (from 10.50%)

Drachma "Bonus" floating rate: 8.40% (from 9%)

Drachma 3-year fixed rate: 8 % (from 8.40%)

Euro floating rate: 7.10% (from 6.90%)

"Euro-Bonus" floating rate: 6.10% (from 5.90%)Small-business loans (SBLs)

Small-business working-capital basic rate: 11% (from 11.75%)

Small-business equipment basic rate: 10% (from 10.75%)

Premises for professionals basic rate: 9% (from 9.50%)

Premises for Small-businesses basic rate: 10% (from 10.50%)Interest rates on Deposits

Ordinary Savings: 4.25% (from 4.75%)

"NEW" Savings 5.50% (unchanged)