Interest rates on loans remain low, and a moderate increase is present in interest rates on newly received deposits. The trend of decreasing the average interest rate on total loans continued on an annual basis. In June, it was 4.27%. The average interest rate on total deposits is 0.67%, the National Bank of Macedonia informed on Saturday.
In June, the average interest rate on total loans recorded a minimal monthly drop of 0.01 percentage points and amounted to 4.27%, while on an annual basis this interest rate decreased by 0.27%. The average interest rate on total deposits remained at the level of the previous month and is 0.67%. On an annual basis, the average interest rate on total deposits is lower by 0.17%.
The average interest rate on newly approved loans, in June, recorded a growth of 0.02% on a monthly basis and amounts to 3.99%. On an annual basis, this interest rate has decreased by 0.04%. The average interest rate on newly received deposits achieved a monthly and annual increase of 0.21% and 0.44%, respectively and amounts to 0.97%.
