ČNB: Average rate of corporate loans grows to 2.97%

31. 10. 2018

Theaverage interest rate on new loans to non-financial corporations (excludingoverdrafts, revolving loans and credit cards) increased to 2.97%.

(ČIA) Theaverage interest rate on new loans to non-financial corporations (excludingoverdrafts, revolving loans and credit cards) increased to 2.97%. The rate onloans of up to CZK 7.5m edged down to 3.87%, the rate on loans of over CZK 7.5mand up to CZK 30m was unchanged from August at 2.84% and the rate on new loansof over CZK 30m increased by 0.25 percentage point to 2.92%. This stems fromdata provided by the Czech National Bank (ČNB). The interest rate onoverdrafts, revolving loans and credit card loans was up to 3.31%.