The following interest rates apply since June 9, 2020.
Checking account (for enterprises) with bankbook/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 | 0,65 |
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 |
* The interest rates of this category will be set on 08/08/2020.
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 June 9, 2020.
Download the Time Deposit Interest Rates list (in Greek).
Time deposits
| AMOUNT (EUROS) | INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN MONTHS) | |||
|---|---|---|---|---|
| 1-12 | ||||
| 5.000 – 25.000 | 0,30 | |||
| 25.001 – 50.000 | 0,40 | |||
| 50.001 – 100.000 | 0,50 | |||
| 100.001- 500.000 | 0,60 | |||
| 500.001 – 1.000.000 | 0,70 | |||
| > 1.000.000 | Negotiable | |||
Monthly Income
| AMOUNT (EUROS) | INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN MONTHS) | |||
|---|---|---|---|---|
| 3-12 | ||||
| 5.000 – 25.000 | 0,25 | |||
| 25.001 – 50.000 | 0,35 | |||
| 50.001 – 100.000 | 0,45 | |||
| 100.001- 500.000 | 0,55 | |||
| 500.001 – 1.000.000 | 0,65 | |||
| > 1.000.000 | Negotiable | |||
| 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- 500.000 | 0,50 | |||
| 500.001 – 1.000.000 | 0,60 | |||
| > 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 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.