Home » Rates remain at low levels in August despite the ECB hikes

Rates remain at low levels in August despite the ECB hikes

by admin

In August 2022, interest rates on lending transactions remained at low levels and recorded the following dynamics, detailed in the ABI monthly report.

The average rate on total loans, after the 0.50% increase in the ECB’s monetary policy rate, is 2.32% (2.25% in the previous month and 6.18% before the crisis, at the end of the 2007); the average rate on new business loan transactions is 1.26% (1.31% the previous month; 5.48% at the end of 2007); the average rate on new home purchase transactions is 2.13% (2.15% the previous month, 5.72% at the end of 2007).

See also  Stock exchanges today, 13 September 2021. Beijing's new tightening weighs on the markets: Alipay will be dismembered

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy