Figures released by the Central Bank of Cyprus on Monday showed that in August 2024, the maximum interest rate for fixed deposits made by households for up to one year was 2.45%, and the maximum interest rate for loans for home purchases was 4.96%. .
The National Bank of Greece (Cyprus) has the highest interest rate on deposits for up to one year for new projects from euro area households, the highest rate is 2.45%, the lowest rate is 1.36% at the Bank of Greece, and the highest rate is at the Bank of Greece. It was 1.36% of the total. The interest rate offered by Hellenic Bank to businesses was 2.83%.
The highest interest rate for a loan for the purchase of a house (fluctuating) for households with an initial decision period of up to one year (new contract) was 4.96% for Cyprus Development Bank, followed by Eurobank Cyprus at 4.65%. The lowest interest rate for home loans was 3.02% from the Housing Finance Corporation.
Banque SBA had the highest interest rate (variable) for corporate loans up to €1 million and up to a one-year initial decision period (new contracts) at 8.05%, followed by Société Générale Bank Cyprus at 6.84%. .
