Croatia interest rates on kuna credits down 1.02pps y/y to 9.17% in Sept 2011.

By bne IntelliNews November 25, 2011
Croatias average annual interest rates on kuna credits not indexed to foreign currency went down by 1.02pps on the year to 9.17% in September, the central bank (HNB) reported. September average interest rates on long-term credits fell by 1.35pps y/y to 7.58%, while the short-term credits interest rates dropped 0.93pps y/y to 9.36%. Interest rates on short-term credits extended to enterprises fell by an annual 0.16pps to 6.89% in September, while interest rates on short-term credits extended to households declined by 1.43pps on the year to 11.23%. Interest rates on long-term credits extended to enterprises dropped by 0.87pps y/y 5.72% in September, while interest rates on long-term credits to households fell by 1.58pps y/y to 9.51% in September. Average interest rates on kuna credits indexed to foreign currency were 7.04% in September, down by 1.1pps compared to a year ago. Average interest rates on credits in euro were 6.65%, down by 0.21pps y/y compared to September 2010.

Croatia interest rates on kuna credits down 1.02pps y/y to 9.17% in Sept 2011.

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