Eurobank EFG, has adjusted its interest rates as of October 9, 2006 | Eurobank
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Eurobank EFG, has adjusted its interest rates as of October 9, 2006

Following the European Central Bank (ECB) decision to raise its prime rate by 0.25% Eurobank EFG, has adjusted its interest rates as of October 9, 2006 as follows:

DEPOSITRATES

The rates for the accounts, whose return is linked to the ECB’s rate, are automatically readjusted by 0.25%.

The interest rates for current accounts and savings accounts are readjusted from 0.10% up to 0.30%

Finally, interest rates for time deposit accounts are linked to the European money market rates and adjust on a daily basis.

LOANRATES

The Bank’s loan rates that are linked to the ECB’s base rate are readjusted accordingly by 0.25%.

For individual loan categories:

  1. The base rates for companies and professionals are readjusted accordingly by 0.25%.
  1. The Bank’s basic mortgage rate is readjusted accordingly by 0.25%.

Rates for the SWISS Housing Plan in Swiss francs with installment protection against currency changes remain unchanged (from 2.90%).

  1. Consumer credit rates are adjusted accordingly by 0.25%.

The “Euroline” credit card rate is adjusted by 0.50%.

The debt collection and repayment (“Entaxei”) program’s rate remains unchanged.

  1.  The Bank’s and EFG Eurobank Securities margin debt rates are readjusted accordingly by 0.25%.