The rate of interest is lowered by 0.25%, from 3.40% to three.15%, efficient from 18 December 2024
Hellenic Financial institution, responding to the brand new rate of interest lower by the European Central Financial institution (ECB), declares that the reference rate of interest for loans linked to the ECB Base Fee is lowered by 0.25%, from 3.40% to three.15 %, with impact from 18 December 2024. This discount additionally impacts rates of interest on loans linked to Euribor interbank charges, benefiting over 6,000 debtors.
As well as, it’s recalled that final month, Hellenic Financial institution lowered its key rate of interest by 0.21%, reaching 1.91%. This discount has a constructive impact on over 90,000 debtors, people and companies, serving to them higher handle their borrowing prices.
Lately, the Financial institution additionally introduced the provision of a house mortgage with a set rate of interest of two.95% for the primary 3 years or 3.10% for the primary 5 years. Hellenic Financial institution stays steadfastly by its prospects, providing aggressive services that contribute to the event of the Cypriot economic system and the well-being of society.
