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.