Belarusians told about the interest rate on new ruble loans

16.09.2024 14:58
Updated: 27.09.2024 21:06

Belarusians were told that the interest rates that were established in August of this year ensured that banks met the payment demand for loans.

We are talking about the demand for loans in the country's financial and credit institutions from individuals and legal entities.

According to the press service of the National Bank of the Republic, in August the average interest rate on new ruble loans (excluding preferential loans) for individuals was 10.18% per annum.

The same rate for legal entities in the same month was fixed at 10.91%.

As for the average interest rate on new long-term (more than one year) deposits in domestic currency, in August it was 13.03%.

Photo: © Belnovosti

At the same time, the regulator notes that, in general, the average interest rate for new fixed-term deposits of the population was 10.8% per annum.

Please note: the attractive level of return on long-term deposits stimulates the inflow of funds from Belarusians into the banking sector.

Thus, since the beginning of this year, the volume of fixed-term ruble deposits of individuals has grown by 1.7 billion rubles (+21.2%).

As of September 1, 2024, the figure was recorded at 9.7 billion rubles.

Author: Pavel Gospodarik Internet resource editor