Wed. Jan 15th, 2025

Cost of Borrowing Euro Stable

BySilvia Orfeo

02/01/2024
Euro Sign in Frankfurt (by Stephan Rückert)Euro Sign in Frankfurt, Willy Brandt Platz (by Stephan Rückert)Euro Sign in Frankfurt, Willy Brandt Platz (by Stephan Rückert)

The December 2023 Euro area bank interest rate statistics showed Thursday that the cost of borrowing for new loans in Euro to corporations remained unchanged at 5.22%, while the interest rate for new loans to households for house purchase decreased by 4 basis points to 3.97%.

The interest rates for new deposits with agreed maturity from corporations and households remained broadly unchanged.

BySilvia Orfeo

Silvia Orfeo is a Sr. Politics and Economics Reporter at Nobot.News

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