Table G1 Credit institutions' interest rates on deposits (new business)

The table shows the weighted monthly averages of nominal interest rates and the sums of amounts of new deposit business of credit institutions in the reporting month in the domestic currency. The table presents a further breakdown by household and non-financial corporations’ deposits, by instruments and by maturity.

In principle, the basis for the calculation of weighted averages for deposits includes the amounts received during the reporting month (new business), while for overnight deposits the basis for the calculation of weighted averages includes the end-of-month book balances.

New business includes any new contract between the customer and the reporting institution. This means that they cover all financial contracts that specify interest rates on deposits for the first time and all renegotiations of the terms and conditions of existing deposit contracts.

When the terms and conditions of existing contracts are being renegotiated the active involvement of the customer in the renegotiations is essential, while any automatic changes to the terms and conditions of the contract by the reporting institution are not considered new business.

Short-term deposits are deposits with original maturity of up to and including one year, while long-term deposits are deposits with original maturity exceeding one year.

Overnight deposits are broken down to transaction accounts and savings deposits. Transaction accounts are the accounts through which account holders in the reporting institution settle their payables and collect their receivables.

The reporting institution uses this instrument only for the presentation of funds in accounts with credit balances. Transaction accounts are accounts opened with a reporting institution on the basis of a contract on the opening of such an account. This position also includes restricted deposits, i.e. different temporary (restricted) deposits that can be transferred from current and giro accounts for a specific purpose (e.g. funds set aside pursuant to a court order, funds for international payments, funds for the purchase of foreign currency and securities, brokerage and custodial deposits, coverage for letters of credit, etc.). Savings deposits are deposits without a predetermined date of maturity or period of notice, which the depositor cannot debit by issuing a cashless payment order. Such accounts are primarily intended for savings.

Time deposits are deposits the use of which the depositor renounces for a specific agreed time. Time deposit funds cannot be used for payments. These deposits also include time deposits with an agreed notice period for which a request for the disposal of funds has not been submitted.

Deposits redeemable at notice are savings deposits and time deposits for which a request for the disposal of funds has been submitted.

Repos are a counterpart of cash received in exchange for securities sold by reporting institutions at a given price under a firm commitment to repurchase the same (or similar) securities at a fixed price on a specified future date.

Table G2 Credit institutions' interest rates on loans to households (new business)

The table shows weighted monthly averages of nominal and effective interest rates and the sums of amounts of new lending business of credit institutions with households in the reporting month in the domestic currency. The table presents a further breakdown of loans to households by instruments, by original maturity and by the period of initial interest rate fixation.

The o/w position under loans to households in specific positions in the table includes loans granted to sole proprietors.

In principle, the basis for the calculation of weighted averages for loans are the amounts of loans granted during the reporting month (new business), while for revolving loans, overdrafts on transactions accounts and credit card credit the basis for the calculation of weighted averages are the end-of-month book balances. Only loans classified as risk group A are covered.

New business includes any new contract between the customer and the reporting institution. This means that they cover all financial contracts that specify interest rates on loans for the first time and all renegotiations of the terms and conditions of existing loan contracts. When the terms and conditions of existing contracts are being renegotiated the active involvement of the customer in the renegotiations is essential, while any automatic changes to the terms and conditions of the contract by the reporting institution are not considered new business.

The initial period of interest rate fixation is the period defined as a predetermined period of time at the start of a contract during which the interest rate value cannot change.

Loans with a fixed interest rate are loans whose interest rate is unchangeable during the entire lifetime of a loan.

Short-term loans are loans with original maturity of up to and including one year, while long-term loans are loans with original maturity over one year.

Revolving loans include loans that meet the following conditions: the customer may use or withdraw funds to a pre-approved credit limit without giving prior notice to the reporting institution, the amount of the available loan can increase or decrease as funds are borrowed and repaid, the loan may be used repeatedly. This position excludes revolving loans provided through credit cards and overdrafts on transaction accounts.

Overdrafts refer to receivables based on used overdrafts on counterparties’ transaction accounts.

In addition to the above, the table also shows credit card credit with the collection of interest, which include credit card credit with the card company guarantee.

Receivables on deferred card payments are not shown as a separate item, but are presented within the position Revolving loans, overdrafts and credit card credit.

A convenience credit card is a card in the case of which customers are obliged, without the payment of interest, to settle their liabilities after they receive a notice to that effect from the reporting institution, usually once a month.

Consumer loans are loans granted to households for the purpose of personal use in the consumption of goods and services.

Housing loans include all mortgage and other loans extended for the purchase, construction and completion of flats, for the purchase, construction and completion of buildings with a maximum of four flats or for the renovation of flats, residential facilities or residential buildings (regardless of whether they are granted to an individual borrower or jointly to all tenants of a residential building). Lending for house purchase comprises loans secured on residential property that are used for the purpose of house purchase and, where identifiable, other loans for house purchase made on a personal basis or secured against other forms of assets.

Loans for other purposes include the following types of loans: overnight loans, loans for payments made on the basis of guarantees and similar instruments, reverse repo loans, shares in syndicated loans, financial lease, education loans, mortgage loans, margin loans, Lombard loans, working capital loans, construction loans, agricultural loans, tourism loans, investments loans, export finance loans, general-purpose cash loans, factoring and forfeiting and other loans.

The “o/w” position under other loans specifies the category of general-purpose cash loans broken down by the initial period of interest rate fixation.

The table shows the effective interest rates and amounts of new business for selected loan categories.

Table G3 Credit institutions' interest rates on loans to non-financial corporations (new business)

The table shows the weighted monthly averages of nominal interest rates and the sums of amounts of new lending business of credit institutions with non-financial corporations in the reporting month in the domestic currency. The table provides a breakdown of loans to non-financial corporations by revolving loans, overdrafts on transaction accounts and credit card credit as well as by the amount of loans granted: loans up to EUR 0.25 million, loans over EUR 0.25 million to EUR 1 million and loans over EUR 1 million.

The amount refers to single loan transactions and not to all business between non-financial corporations and reporting agents. The reason for this is the separation of loans to large corporations from loans to small corporations. Without this division, loans to large corporations would dominate the weighted average interest rate. The types of loans, the basis for the calculation of  weighted averages, the definition of new business and the initial period of fixation of the interest rate are explained in notes on methodology under G2 tables.

Table G5 Credit institutions' interest rates on deposits and loans (balances)

The table contains the weighted monthly averages of nominal interest rates for the balances of selected credit institutions’ deposits and loans and the total amounts of book balances of such deposits and loans, by reporting months. Loans comprise all types of loans other than overdrafts on transaction accounts and credit card receivables and loans.

The table presents a further breakdown to household deposits and loans by instruments and by original maturity. The “o/w” position under loans to households in specific positions in the table includes loans granted to sole proprietors.

The end-of-month book balances of deposits and loans are the basis for the calculation of weighted averages for deposits and loans.

The instruments are described in notes on methodology under G1 and G2 tables.

Table G6 Credit institutions' interest rates on deposits and loans by original maturity (new business)

Data on interest rates and the amounts of new business for the subcategories of loans and deposits from the table are presented in more detail in tables G1 through G3.

The table shows the weighted monthly averages of credit institutions’ interest rates for the selected aggregated categories of new deposit business (only for time deposits) and new lending business (for loans other than revolving loans, overdrafts on transaction accounts and credit card receivables and credit) as well as the sums of amounts of new business for these categories of deposits and loans.

The divisions by instrument, counterparty sector, maturity and currency are explained in notes on methodology under tables G1 through G3.