ANNOUNCEMENT ON AVERAGE LENDING RATE AT INDOVINA BANK LTD. (IVB)_Time period: January 2025
Dear Valued Customers
Pursuant to:
- Dispatch No. 1117/NHNN-CSTT from the SBV about “Reporting on interest rate disclosure status”
- Dispatch No.1268/NHNN-CSTT from the SBV on “Lending rate disclosure”
- Dispatch No.3053 /NHNN-VP from the SBV about “Executing the Prime Minister’s announcement on credit growth management solution in 2024”
- Internal memo from TRD and BMD to the BOEs (for approval) dated 20/03/2024 about Complying with the SBV’s directive about disclosing average lending/deposit rate.
The disclosed information on average lending rate, average deposit and lending rate difference and other interest rates, which will be effective on 6th February 2025, is as followed:
|
A. Average lending rate |
Deposit rate (%/year) |
|
1. Individuals |
|
|
a. Short-term |
7.32 |
|
b. Mid & Long-term |
9.03 |
|
2. Coporate Customers |
|
|
a. Short-term |
6.22 |
|
b. Mid & Long-term |
9.60 |
|
B. Average deposit and lending rate difference |
2.76 |
(*) Data updated until 31th January 2025
