The following interest rates apply since December 14, 2020.

Checking account (for enterprises) with cheque book

AMOUNT (EUROS) INTEREST RATE (%)
0,02

Checking account (for individuals)

AMOUNT (EUROS) INTEREST RATE (%)
0,05

Checking/Payroll account*

AMOUNT (EUROS) INTEREST RATE (%)
Up to €5.000 0,40

* The interest rates of this category will be set on 15 February 2021.

Rural Account* (subsided by OPEKEPE**)

AMOUNT (EUROS) INTEREST RATE (%)
According to the Tiered-Rate Account scale

 

** Payment and Control Agency for Guidance and Guarantee Community Aid

Tiered Savings Account

AMOUNT (EUROs) INTEREST RATE (%)
0,01 – 15.000 0,05
15.001 – 30.000 0,10
30.001 – 60.000 0,15
60.001 – 150.000 0,20
150.001 – 300.000 0,25
300.001 – 500.000 0,30
> 500.000 0,35

 

NOTES

  • The interest rate of the respective scale applies to the amount of savings.
  • Interest rates are calculated at an annual 360-day calendar basis.
The following interest rates apply since December 14, 2020.

Time deposits

AMOUNT (EUROS) INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN MONTHS)
1-12
5.000 – 25.000 0,20
25.001 – 50.000 0,30
50.001 – 100.000 0,40
100.001- 500.000  0,50
500.001 – 1.000.000 0,60
> 1.000.000 Negotiable

Monthly Income

AMOUNT (EUROS) INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN MONTHS)
3-12
5.000 – 25.000 0,15
25.001 – 50.000 0,25
50.001 – 100.000 0,35
100.001- 500.000  0,45
500.001 – 1.000.000 0,55
> 1.000.000 Negotiable

 

Exarhis

AMOUNT (EUROS) INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN MONTHS)
3-12
5.000 – 25.000 0,10
25.001 – 50.000 0,20
50.001 – 100.000 0,30
100.001- 500.000  0,40
500.001 – 1.000.000 0,50
> 1.000.000 Negotiable

 

NOTES

  • Interest rates are reported on an annual 360-day calendar basis.
  • Value date is considered the expiry date of the time deposit. In case you perform an early withdrawal, you are subject to a penalty of 1,5% interest rate affecting the accrued interest, determined by the withdrawal amount and the days remaining until maturity.
The following interest rates apply since December 14, 2020.

Online Time Deposit

AMOUNT (EUROS) INTEREST RATE (%) BASED ON THE DEPOSIT DURATION ( IN MONTHS )
1-12
5.000 – 25.000 0,25
25.001 – 50.000 0,35
50.001 – 100.000 0,45
100.001- 200.000  0,55

Monthly Income Online

AMOUNT (EUROS) INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN MONTHS)
3-12
5.000 – 25.000 0,20
25.001 – 50.000 0,30
50.001 – 100.000 0,40
100.001- 200.000 0,50

Exarhis Online

AMOUNT (EUROS) INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN MONTHS)
3-12
5.000 – 25.000 0,15
25.001 – 50.000 0,25
50.001 – 100.000 0,35
100.001- 200.000 0,45
The following interest rates apply since September 11, 2017.

 

E.C.B. Interest rate: 0,00%

Lending rates (for individuals)

TYPE INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN DAYS)
B.I.R. + spread (%) + levy of L. 128/75 (%)
Personal 9,90 0,00-5,70 0,60
Personal with collateral 9,90 0,00-3,00 0,60
Vehicle 9,90 0,00-3,80 0,60
Study 9,90 0,00-1,50 0,60
Overdraft* 9,90 0,00-5,70 0,60
Payroll Overdraft* 9,90 0,00-2,50 0,60
VISA & MasterCard credit cards (for purchases) 17,45 0,60
VISA & MasterCard credit cards (for withdrawals) 17,45 0,60
House Loan 9,90 0,00-1,30 0,12
Home Improvement 9,90 0,00-3,00 0,12
House Loan 2009 9,90 Μείον 0,50 0,12
Student House 9,90 μείον 0,50 0,12
Home Renovation 2009 9,90 0,00-1,30 0,12
Investment 9,90 0,00-1,30 0,60

* B.I.R. will reach that level after 60 days, namely on November 10, 2017

Lending rates (for enterprises)

TYPE INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN DAYS)
B.I.R. + spread (%) + levy of L. 128/75 (%)
Open Revolving 9,90 0,00-4,40 0,60
Working Capital 9,90 0,00-3,80 0,60
Fixed Assets 9,90 0,00-3,00 0,60
Commercial Mortgage 9,90 0,00-1,30 0,60
Commercial Mortgage 2009 9,90 Minus 0,35 0,60
Real Estate Development 9,90 0,00-3,00 0,60
Utility Vehicle Purchase 9,90 0,00-3,80 0,60

NOTES

Lending rates are floating and include, as a reference rate, the key interest rate of the main refinancing operations of the European Central Bank (ECB) (currently at 0,00%). In addition, each credit product has an interest rate surcharge (currently at 9,90%) and variable spread. Finally, the levy of Law 128/75 is added.

More specifically, the final interest rate is calculated as follows:
Final interest rate (%)= E.C.B. Base Interest Rate(%) +
Interest Rate Surcharge(%) + Spread(%)
+ Levy of L. 128/75 (%)

Consumer and housing loan interest rates are reported on a 365-day calendar basis (other categories 360 days).

The default interest rate is set at 2,5% higher than the applicable gross interest rate.