Interest rates on deposits - 2025-07
Published on the 3rd of September 2025
statistics
- In July 2025, the interest rates on new deposit agreements continued to decline for both households and non-financial corporations (NFCs), excepted for NFCs' term deposits with maturities over two years, for which the rate remained stable.
- The average remuneration of outstanding bank deposits held by households and NFCs declined slightly to 1.48%. While the remuneration of households' deposits remained stable, it decreased by 4 basis points for NFCs, due to a decline in rates on overnight deposits and term deposits with maturities of less than two years. In contrast, the remuneration of term deposits with maturities over two years increased.
Interest rates on deposits in percentage and seasonally adjusted
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| Outstanding amount (€bn) | Remuneration rate on outstanding amounts(a) | New business (€bn) | Remuneration rate on new contracts | |||||
| July- 2025 (p) | July- 2024 | June- 2025 (r) | July- 2025 (p) | July- 2025 (p) | July- 2024 | June- 2025 (r) | July- 2025 (p) | |
| NFCs' and households' bank deposits | 2,602 | 1.87 | 1.50 | 1.48 | ||||
| - Of which households | 1,883 | 1.90 | 1.59 | 1.59 | ||||
| of which : - overnight deposits (b) | 554 | 0.07 | 0.05 | 0.05 | ||||
| - regulated savings deposits (b,c) | 719 | 3.18 | 2.48 | 2.48 | ||||
| of which : "Livret A" (b) | 404 | 3.00 | 2.40 | 2.40 | ||||
| - ordinary savings passbooks (b) | 222 | 0.93 | 0.84 | 0.84 | ||||
| - deposits with agreed maturity up to 2 years (d) | 77 | 3.64 | 2.64 | 2.58 | 14 | 3.38 | 2.09 | 2.00 |
| - deposits with agreed maturity over 2 years (d) | 105 | 2.30 | 2.37 | 2.39 | 2 | 3.26 | 2.55 | 2.47 |
| - home savings plans (PEL) | 206 | 2.62 | 2.63 | 2.64 | 1 | 2.23 | 1.74 | 1.75 |
| Of which NFCs | 719 | 1.79 | 1.24 | 1.20 | ||||
| of which : - overnight deposits (b) | 502 | 0.77 | 0.51 | 0.48 | ||||
| - deposits with agreed maturity up to 2 years (d) | 137 | 4.00 | 2.66 | 2.57 | 37 | 3.71 | 2.18 | 2.14 |
| - deposits with agreed maturity over 2 years (d) | 80 | 3.66 | 3.38 | 3.42 | 3 | 3.58 | 2.69 | 2.70 |
| For information : | ||||||||
| Minimum bid rate in the Eurosystem tenders | 4.25 | 2.15 | 2.15 | |||||
| 3-month Euribor (e) | 3.69 | 1.98 | 1.99 | |||||
| Performance of the Constant Maturity Rate of 2 years (e), (f) | 2.97 | 1.99 | 2.02 | |||||
| Performance of the Constant Maturity Rate of 5 years (e), (f) | 2.89 | 2.53 | 2.61 | |||||
Notes:
- Due to rounding, the sum may differ slightly from the total of the components
a. Interest rates presented here are effective rates calculated by dividing the accrued interest flows for the months under review by the monthly averages of the corresponding outstanding amounts. For the different types of deposits, including step-up deposits, they correspond to the average conditions practiced during the month under review by the French credit institutions on deposits of non-financial corporations and households (including non-profit institutions serving households) residents.
b. For overnight deposits and savings accounts, the rate on new contracts is assumed to be equal to the rate on outstanding amounts.
c. Regulated rates passbooks include "Livrets A", blue passbooks, sustainable development passbooks, home savings plans, youth passbooks and people's savings passbooks.
d. Including taxed saving books, other special saving accounts, people saving plans (PEP) and subordinated loans Monthly averages.
e. Monthly averages.
f. 2 and 5 years Constant Maturity Rate. Source: French Bond Association.
r. Revised data.
p. Provisional data
- Due to rounding, the sum may differ slightly from the total of the components
a. Interest rates presented here are effective rates calculated by dividing the accrued interest flows for the months under review by the monthly averages of the corresponding outstanding amounts. For the different types of deposits, including step-up deposits, they correspond to the average conditions practiced during the month under review by the French credit institutions on deposits of non-financial corporations and households (including non-profit institutions serving households) residents.
b. For overnight deposits and savings accounts, the rate on new contracts is assumed to be equal to the rate on outstanding amounts.
c. Regulated rates passbooks include "Livrets A", blue passbooks, sustainable development passbooks, home savings plans, youth passbooks and people's savings passbooks.
d. Including taxed saving books, other special saving accounts, people saving plans (PEP) and subordinated loans Monthly averages.
e. Monthly averages.
f. 2 and 5 years Constant Maturity Rate. Source: French Bond Association.
r. Revised data.
p. Provisional data
Remuneration on deposits with monetary financial institutions
Households and NFC's deposits (in %, all duration)
"Livret A", Ordinary savings passbooks and "PEL"
(in %)
Households' deposits with agreed maturity by duration
NFCs' deposits with agreed maturity by duration
(in %)
Source: BANQUE DE FRANCE - DIRECTION GÉNÉRALE DES STATISTIQUES, DES ÉTUDES ET DE L'INTERNATIONAL
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EN_Stat_Info_Deposits_interest_rates_202507.pdf
Updated on the 3rd of September 2025