STATISTICAL PRESS RELEASE
48|2016
Banking interest rates on new loans and
deposits
March 2016
May 10th, 2016
Banco de Portugal publishes today in table A.10 of
the Statistical Bulletin and in BPstat, data on banking interest rates on new loans and deposits vis-àvis non-financial corporations and households, for
March 2016.
Interest rates on new loans
The new loans granted to non-financial corporations
in March registered an average interest rate of
3.10%, 35 basis point (b.p.) lower than the previous
month. The average interest rate on transactions
other purpose loans, the average interest rate was
4.71%.
It is emphasized the fact that new loans for housing
and consumption have risen to 491 million euros
and 349 million euros, and must go back to May
2011 and December 2010 to meet higher volumes
of new operations (536 million euros and 406 million euros, respectively).
Interest rates on new deposits
In March 2016, the average interest rate on new
over 1 million euros showed a differential of -111 deposits to non-financial corporations stood at
b.p. relative to the lower amount (Chart 1).
0.19% (Chart 3). In the new operations of deposits
of households, the average interest rate stood at
With regard to new loans to households, the aver0.41%, which represents a new historical minimum
age interest rates for housing and consumption
(Chart 4).
purposes were 2.05% (Chart 2) and 7.59%, respectively. In the latter case, the interest rate corresponds to a new historic minimum. Regarding
2
BANCO DE PORTUGAL • Banking interest rates on new loans and deposits
Chart 2 • Loans to households (housing) – annualised agreed rate
8
8
7
7
6
6
5
5
in percentage
in percentage
Chart 1 • Loans to non-financial corporations |
by loan amount – annualised agreed rate
4
3
3
2
2
1
1
0
Mar-11
Mar-12
Mar-13
Mar-14
Mar-15
0
Mar-11
Mar-16
Euro Area (<1 MEUR)
Euro Area (>1 MEUR)
Portugal (<1 MEUR)
Portugal (>1 MEUR)
Chart 3 • Deposits of non-financial corporations with agreed maturity (up to 1 year) – annualised agreed rate
Mar-13
Mar-14
Mar-15
Mar-16
Euro Area
Chart 4 • Deposits of households with agreed maturity (up to 1 year)– annualised agreed rate
8
7
7
6
5
5
in percentage
6
4
4
3
3
2
2
1
1
0
Mar-11
Mar-12
Portugal
8
in percentage
4
Mar-12
Portugal
Mar-13
Mar-14
Euro Area
Mar-15
Mar-16
ECB reference rate
0
Mar-11
Mar-12
Mar-13
Portugal
Additional data available at:
Table A.10 of Statistical Bulletin
Monetary and Financial Statistics statistical domain of BPstat|Statistics online
Next update: June 14th, 2016
Banco de Portugal | info@bportugal.pt
Euro Area
Mar-14
Mar-15
Mar-16
ECB reference rate