Banks’ interest takings reach €6.5 bln in Jan-Sept

In Attica the yearly terms summation successful April-June was 5.9%, from 5.2% during the archetypal quarter. [INTIME]

Deposit involvement expenses paid by banks successful the archetypal 9 months of 2025 decreased by 13.2%, limiting the corresponding expenses to €4.7 cardinal from €5.4 cardinal successful the aforesaid play past year.

During the aforesaid period, involvement income from loans received by Greek banks decreased by 8%, astatine a slower complaint than the diminution successful involvement expenses, frankincense expanding involvement income, which dropped by lone 3.8% and totaled €6.5 billion, from €6.7 cardinal successful the archetypal 9 months of 2024.

The diminution successful involvement income from loans and deposit involvement expenses is linked to the European Central Bank’s monetary argumentation cycle. The increases began successful July '22 and continued until September 2023, while involvement rates subsequently remained astatine precocious levels earlier entering a signifier of de-escalation, with the basal complaint presently standing astatine 2%. In this environment, the accommodation of slope involvement rates has not been symmetrical, resulting successful the involvement complaint spread (loans-deposits) remaining astatine precocious levels.

According to Bank of Greece data, the loan-deposit spread is presently astatine 4.13% from 3.9% successful the summertime of 2022, when the ECB began raising involvement rates. The spread peaked astatine 5.6% successful August 2023 and began to gradually de-escalate until it reached its existent levels – of 4.13% – aft successive cuts successful cardinal involvement rates by the ECB.