Eurobank EFG, adjusts its interest rates | Eurobank
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Eurobank EFG, adjusts its interest rates

Following the European Central Bank (ECB) decision to raise its prime rate by 0.25% Eurobank EFG, adjusts its interest rates as of March 14, 2007 as follows:

DEPOSITRATES

The rates for the accounts, whose return is linked to the ECB’s rate, are automatically readjusted by 0.25%, thus interest rates for the European Savings Account increase by 0.25% and are formulated as follows:

AMOUNT

INTEREST RATE*

0 - €15,000

1,75%

€15,000 - €60,000

2,75%

€60,000 or more

3,25%

                                       * The interest rate is applied on the total amount

Time deposits offer rates are adjusted daily subject to the level of European Money Market rates.

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 remain unchanged.

  1. Consumer loans and credit cards rates are adjusted accordingly by 0.25%. The rate of the debt consolidation program “Entaxei” remains unchanged. 
  1.  The Bank’s and EFG Eurobank Securities margin debt rates are readjusted accordingly by 0.25%.