eBanking
eBanking

Interest Rates

The following interest rates apply since May 10, 2023

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 0,25

 

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 – 50.000,00 0,05
50.000,01 – 100.000,00 0,10
100.000,01 – 500.000,00 0,15
500.000,01 – 1.000.000,00 0,20
> 1.000.000,00 0,25

 

 

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 May 10, 2023

Time deposits

AMOUNT (EUROS) INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN DAYS)
30 90 180 365
5.000,00 – 25.000,00 0,25 0,30 0,40 0,80
25.000,01 – 50.000,00 0,30 0,35 0,45 1,00
50.000,01 – 100.000,00 0,35 0,40 0,55 1,55
100.000,01- 250.000,00 0,40 0,45 0,65 1,85
250.000,01 – 500.000,00 0,43 0,48 0,65 1,85
> 500.000,00 0,45 0,50 0,65 1,85

Monthly Income

AMOUNT (EUROS) INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN DAYS)
90 180 365
5.000,00- 25.000,00 0,24 0,32 0,70
25.000,01 – 50.000,00 0,30 0,38 0,80
50.000,01 – 100.000,00 0,35 0,48 1,30
100.000,01- 250.000,00 0,38 0,60 1,45
250.000,01 – 500.000,00 0,41 0,60 1,45
> 500.000,00 0,46 0,60 1,45

 

Exarhis

AMOUNT (EUROS) INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN DAYS)
90 180 365
5.000,00 – 25.000,00 0,20 0,30 0,70
25.000,01 – 50.000,00 0,25 0,35 0,90
50.000,01 – 100.000,00 0,30 0,45 1,45
100.000,01- 250.000,00 0,35 0,55 1,75
250.000,01 – 500.000,00 0,38 0,55 1,75
> 500.000,00 0,40 0,55 1,75

 

Premium Time Deposits

Premium 12

Deposit Duration : 1 year

Minimum deposit amount: 150.000€

TRIMESTER INTEREST RATE (%)
1st 1,75
2nd 1,75
3d 1,75
4th  1,75
Average Yearly Interest Rate 1,75

 

Premium 24

Deposit Duration: 2 years

Minimum Deposit Amount: 150.000€

SEMESTER INTEREST RATE (%)
1st 1,00
2nd 1,70
3d 2,40
4th  3,10
Average Yearly Interest Rate 2,05

 

NOTES

  • Interest rates are reported on an annual 360-day calendar basis.
  • A 15% tax is withheld from the interest amount and paid to the Greek State.
  • 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 2% interest rate affecting the accrued interest, determined by the withdrawal amount and the days remaining until maturity.
The following interest rates apply since May 10, 2023

Online Time Deposit

AMOUNT (EUROS) INTEREST RATE (%) BASED ON THE DEPOSIT DURATION ( IN DAYS )
30 90 180 365
5.000,00 – 25.000,00 0,30 0,35 0,45 0,85
25.000,01 – 50.000,00 0,35 0,40 0,50 1,05
50.000,01 – 100.000,00 0,40 0,45 0,60 1,60
100.000,01- 200.000,00  0,45 0,50 0,70 1,90

Monthly Income Online

AMOUNT (EUROS) INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN DAYS)
90 180 365
5.000,00 – 25.000,00 0,29 0,37 0,75
25.000,01 – 50.000,00 0,35 0,43 0,85
50.000,01 – 100.000,00 0,40 0,53 1,35
100.000,01- 200.000,00 0,43 0,65 1,50

Exarhis Online

AMOUNT (EUROS) INTEREST RATE (%) BASED ON THE DEPOSIT DURATION (IN DAYS)
90 180 365
5.000,01 – 25.000,00 0,25 0,35 0,75
25.000,01 – 50.000,00 0,30 0,40 0,95
50.000,01 – 100.000,00 0,35 0,50 1,50
100.000,01- 200.000,00 0,40 0,60 1,80
The following interest rates apply since September 22, 2023

 

E.C.B. Interest rate: 4,50%

Lending rates (for individuals)

TYPE INTEREST RATE(%) Remarks
B.I.R. + spread  (%) +levy of L.128/75 (%)
Personal 11,90 up to 5,70 0,60 The customer’s interest rate is determined by their risk profile and credit behaviour
Personal with collateral 11,90 up to 3,00 0,60
Overdraft* 11,90 up to 5,70 0,60
Payroll Overdraft* 11,90 up to 2,50 0,60
VISA & MasterCard credit cards 17,45 for purchases & 18,45 for withdrawals 0,60
House Loan – Improvement 11,90 up to 1,30 0,12 The spread is determined by the customer’s creditworthiness, their relationship with the Bank, the type of loan collateral and the financing rate of the property value, as estimated by the Bank
Investment 11,90 up to 1,30 0,60

* The B.I.R. of these categories will be set after 60 days,  on November 22, 2023

Lending rates (for enterprises)

TYPE INTEREST RATE(%) Remarks
B.I.R. + spread  (%) +levy of L.128/75 (%)
Open Revolving 11,90 up to 4,40 0,60 The spread is determined by the company’s credit rating, its relationship with the Bank and the collateral provided
Working Capital 11,90 up to 3,80 0,60
Fixed Assets 11,90 up to 3,00 0,60
Commercial Mortgage 11,90 up to 1,30 0,60
EaSI 11,90 0,00 0,60 The final interest rate is determined by the company’s credit rating
EGF 11,90 0,00 0,60 The spread is determined by the company’s credit rating and the provided collateral
Products in cooperation with the Hellenic Development Bank (HDB)  In accordance with the terms of each cooperation agreement
Products in collaboration with the relevant ministries for programms

 

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 4,50%). In addition, each credit product has an interest rate surcharge (currently at 7,40%) 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.