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ČNB: Interest rates on corporate loans down to 1.58%

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The interest rates on new loans extended to non-financial companies dropped to 1.58% in September 2016. The interest rate on loans totalling up to CZK 7.5m grew to 3.2%. Rates for loans ranging from CZK 7.5m to CZK 30m dropped to 1.97%. The interest rate on new loans exceeding CZK 30m decreased to 1.35%. Interest rates on credit cards dropped to 20.07%. The information was provided by the Czech National Bank (CNB).

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