Bulgaria average APR on housing loans at 10 per cent
13:05 Tue 29 Jul 2008 - dnevnik.bg
The APR on new housing loans stood at 9.72 per cent at the end of June, up from 9 per cent in February
The APR on new housing loans stood at 9.72 per cent at the end of June, up from 9 per cent in February

The Bulgarian central bank reported on July 28 that the APR on new housing loans stood at 9.72 per cent at the end of June, up from 9 per cent in February.

The average APR on consumer loans has added 1.21 per cent year-on-year to 11.96 per cent.

In June, the rates on new consumer loans ticked up 1.38 percentage points to an average of 10.80 per cent while the rates on outstanding loans fell 0.11 percentage points to 11.03 per cent.

The cost of new housing loans increased by 0.41 percentage points to 8.81 per cent, just shy of parity with the rate on outstanding loans which added 0.31 percentage points to 8.94 per cent.

The average cost of corporate loans of up to 1 mln euro has risen 1.27 percentage points over the past year to 10.73 per cent, while the rate on credits in excess of 1 mln euro was reported at 9.74 per cent, up 1.83 percentage points year-on-year.

The average rate on deposits with agreed maturity is reported at 5.20 per cent, up 1.79 percentage points in a year.

Household deposits yield 5.33 per cent on average.

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