ANNOUNCEMENT ON AVERAGE LENDING RATE AT INDOVINA BANK LTD. (IVB)_Time period: May 2024

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 5th June 2024, is as followed:

  1. Average lending rate

Deposit rate (%/year)
  1. Individuals

 
  1. Short-term

6,95
  1. Mid & Long-term

9.84
  1. Coporate Customers

 
  1. Short-term

5.84
  1. Mid & Long-term

9.77
  1. Average deposit and lending rate difference

3.22

            (*) Data updated until 31st May 2024

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