Interest Rates on Bank Deposits and Loans: February 2026
01/04/2026 - Press Releases
- In February 2026, the weighted average interest rate on new deposits remained unchanged at 0.31%, while the corresponding rate on new loans decreased to 4.57%.
- The interest rate spread between new deposits and loans decreased to 4.26 percentage points.
- In February 2026, the weighted average interest rates on outstanding amounts of deposits and loans remained almost unchanged at 0.30% and 4.58% respectively.
- The interest rate spread between outstanding amounts of deposits and loans remained almost unchanged at 4.28 percentage points.
1. Interest rates on euro-denominated new deposits and loans
New Deposits
In February 2026, the weighted average interest rate on new deposits remained unchanged at 0.31% compared with the previous month.
In particular, the average interest rates on overnight deposits placed by households and non-financial corporations remained unchanged at 0.03% and 0.10% respectively.
The average interest rate on deposits with an agreed maturity of up to 1 year from households stood at 1.11% from 1.14% in the previous month, while the corresponding rate from non-financial corporations remained almost unchanged at 1.71%.
New Loans
The weighted average interest rate on new loans to households and non-financial corporations decreased by 7 basis points to 4.57%.
Specifically, the average interest rate on consumer loans without a defined maturity (a category that comprises credit cards, revolving loans and overdrafts) remained unchanged at 14.72%.
The average interest rate on consumer loans with a defined maturity at a floating rate decreased by 13 basis points to 11.07%, while the average interest rate on housing loans at a floating rate decreased by 5 basis points to 3.36%.
The average interest rate on corporate loans without a defined maturity remained almost unchanged at 4.49%. The corresponding rate on loans to sole proprietors remained also almost unchanged at 6.83%.
The average interest rate on new corporate loans with a defined maturity at a floating rate decreased by 8 basis points to 4.03%. The average interest rate on loans with a defined maturity at a floating rate to small and medium-sized enterprises (SMEs) increased by 9 basis points to 4.19%.
As regards the structure of interest rates according to the size of loans granted, the average rate on loans of up to €250,000 decreased by 4 basis points to 4.74%, on loans of over €250,000 and up to €1 million it increased by 20 basis points to 4.36%, while on loans of over €1 million it decreased by 10 basis points to 3.94%.
2. Interest rates on outstanding amounts of euro-denominated deposits and loans
Deposits
In February 2026, the weighted average interest rate on outstanding amounts of deposits (including overnight deposits) remained almost unchanged at 0.30%.
In particular, the average interest rate on outstanding amounts of deposits with an agreed maturity of up to 2 years placed by households remained almost unchanged at 1.14%, while the corresponding rate on deposits placed by non-financial corporations remained unchanged at 1.70%.
Loans
The weighted average interest rate on outstanding amounts of loans remained almost unchanged at 4.58%.
In particular, the average interest rate on outstanding amounts of housing loans with over 5 years’ maturity remained unchanged at 3.60%. The corresponding rate on consumer and other loans to individuals and private non-profit institutions stood at 8.29% from 8.26% in the previous month.
The average interest rate on corporate loans with over 5 years’ maturity remained almost unchanged at 4.10%, while the corresponding rate on loans to sole proprietors remained also almost unchanged at 5.34%.
Table 1: Average interest rates on new euro-denominated deposits and loans (percentages % per annum)
Table 2: Average interest rates on outstanding amounts of euro-denominated deposits and loans (percentages % per annum)
Notes:
1. The interest rate spread is the difference between the weighted average rate on loans and the weighted average rate on deposits.
2. For the calculation of the weighted average interest rate on all outstanding deposits, the overnight deposits are also taken into account.
3. Loans at a floating rate comprise also loans with an initial rate fixation period of up to one year.
4. New business refers to new contracts that were agreed during the reference month and not actual loan disbursements.
Related information:
The complete dataset of bank deposit and loan interest rates is published in the sub-section “Bank deposit and loan interest rates” on the Bank of Greece website.
The next Press Release for March 2026 will be published on 6 May 2026 according to the Advance release calendar on the Bank of Greece website.
Related links:
Bank deposit and loan interest rates
Advance release calendar