New Interest Rates | Eurobank
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New Interest Rates

Following the lowering of interest rates by the European Central Bank, EFG Eurobank Ergasias adjusts its interest rates accordingly.
Following the lowering of interest rates by the European Central Bank, EFG Eurobank Ergasias adjusts its interest rates accordingly.
The new interest rates will go into effect on Monday, June 16, 2003 and are as follows: DEPOSIT RATESDeposit rates on savings accounts are reduced by 0.10 % across all ranges. The interest rates of the New Savings accounts are reduced by up to 0.50%, ranging as follows: From Euro 1,500.01 to Euro 9,000 at 0.15% from 0.50%From Euro 9,000.01 to Euro 15,000 at 1.50% from 2.0%LENDING RATESΑ. Mortgage Loans

  • The basic interest rate for Eurohome European, which is steadily linked with the basic interest rate of the European Central Bank, is accordingly reduced by 0.50%, from 4.5% to 4.0%.
  • Interest rates on fixed mortgage loans will range as follows:
    Fixed at 4.70% from 4.90% for 2 yearsFixed at 5.00% from 5.20% for 3 yearsFixed at 5.50% from 5.80% for 5 yearsFixed at 6.20% from 6.50% for 10 years
    Fixed at 6.40% from 6.90% for 15 years

  • The basic floating interest rate for mortgage lending is reduced by 0.15%, to 5.35% from 5.50%.Β. Professional and Small Business Loans
  • The basic interest rate on working capital for professionals and Small Business is reduced by 0.35%, to 6.90% from 7.25%.
  • The basic interest rate for professional and Small Business equipment is reduced by 0.50%, to 6.50% from 7.0%.
  • The basic interest rate on professional and Small Business mortgages is reduced by 0.25%, to 5.75% from 6.0%.C. Credit Cards

  • The interest rate on Eurobank Visa Classic credit cards is reduced by 0.35% to 15.95%. D. Corporate Loans

  • The basic interest rate on corporate loans is reduced by 0.25% to 6.25%, while the interest rates on corporate loans priced on Euribor, are reduced in accordance with respective interbank lending interest rates.
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