ČNB: Interest rates in corporate loans grow to 3.14%

1. 1. 2019

An average interest rate in new loans extended to non-financial corporations (overdrafts, revolving and credit cards not included) increased to 3.14% in November 2018.

(ČIA) An average interest rate in new loans extended to non-financial corporations (overdrafts, revolving and credit cards not included) increased to 3.14% in November 2018. The rate on loans with a volume up to CZK 7.5m stagnated at 4.09% compared with October. The rate on loans with a volume ranging from CZK 7.5m to CZK 30m increased 0.24 percentage points to 3.31% and the rate on new loans above CZK 30m showed a decrease to 2.93%. The interest rate on overdrafts, revolving and loans from credit cards increased to 3.64%. The information was published by the Czech National Bank (ČNB).