Bank interest rates for corporations
Data for cost of borrowing and deposit interest rates for corporations (Chart 1)
The composite cost-of-borrowing indicator, which combines interest rates on all loans to corporations, remained broadly unchanged in May 2026. The interest rate on new loans of over €1 million with a floating rate and an initial rate fixation period of up to three months remained broadly unchanged at 3.28%. The rate on new loans of the same size with an initial rate fixation period of over three months and up to one year rose by 7 basis points to 3.57%, mainly driven by the weight effect. The interest rate on new loans of over €1 million with an initial rate fixation period of over ten years decreased by 14 basis points to 3.60%. In the case of new loans of up to €250,000 with a floating rate and an initial rate fixation period of up to three months, the average rate charged rose by 8 basis points to 3.78%, mainly driven by the weight effect.
As regards new deposit agreements, the interest rate on deposits from corporations with an agreed maturity of up to one year rose by 4 basis points to 2.03% in May 2026. The interest rate on overnight deposits from corporations stayed almost constant at 0.53%.
The interest rate on new loans to sole proprietors and unincorporated partnerships with a floating rate and an initial rate fixation period of up to one year showed no change at 4.09%.
