Following the European Central Bank (ECB) decision to raise its prime rate by 0.25% Eurobank EFG, adjusts its interest rates as of December 11, 2006 as follows:
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 up to 0.25%
Time deposits offer rates are adjusted daily subject to the level of European Money Market rates.
The Bank’s loan rates that are linked to the ECB’s base rate are readjusted accordingly by 0.25%.
For individual loan categories:
A. The base rates for companies and professionals are readjusted accordingly by 0.25%.
B. 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%).
C. Consumer credit rates are adjusted accordingly by 0.25%.
D. The Bank’s and EFG Eurobank Securities margin debt rates are readjusted accordingly by 0.25%.