Key ECB Updates: Corporate Loan Rates 5.10%, Household Loans 3.80%

European Central Bank's Frankfurt headquarters (Stephan Rückert)European Central Bank's Frankfurt headquarters (Stephan Rückert)European Central Bank's Frankfurt headquarters (Stephan Rückert)
  • Euro area May 2024: Corporate loan rates down to 5.10%, household loans steady at 3.80%.
  • Corporate deposits at 3.64%, household deposits at 3.09%.
  • Q1 2024: €307B current account surplus, energy trade deficit down to €299B, net assets at €592B.

July 04 2024 08:03:09 — Euro area bank interest rates for May 2024 show changes in borrowing and deposit rates, the European Central Bank said.

There is a decrease in borrowing costs for new loans to corporations, while interest rates for new deposits remain steady.

Previous releases include information on the euro area’s balance of payments and international investment position.

 

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