Slovak Republic - Lending Rate
Slovak Republic: Lending Rate
| Mnemonic | IRLEND.ISVK | |
|---|---|---|
| Unit | %, NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Monthly | ||
| Data | Feb 2023 | 3.59 |
| Jan 2023 | 3.09 | |
Series Information
| Source | National Bank of Slovakia (NBS) |
| Release | Interest Rates - New Loans |
| Frequency | Monthly |
| Start Date | 1/31/2004 |
| End Date | 2/28/2023 |
Slovak Republic: Markets
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Stock Market Index | 30 Mar 2023 | 317.24 | 317.82 | Index, NSA | Business Daily |
| Lending Rate | Feb 2023 | 3.59 | 3.09 | %, NSA | Monthly |
| Money Market Rate | Dec 2021 | -0.49 | -0.49 | %, NSA | Monthly |
| Average Long-term Government Bond | May 2017 | 1.03 | 1.06 | % | Monthly |
Release Information
The National Bank of the Slovak Republic provides data on new business loans that is broken down by initial rate fixation (IRF). Represented times series on interest rates on loans to non-financial sector (S.11) are segmented by amount category. Times series on interest rates on loans to households (S.14+S.15) are segmented by type of loans.
The source writes:
The interest rates statistics on new loans granted to households provide not only information about the interest charged for loans but also information on related fees charged by the same institutions. The annual percentage rate of charge (APRC) applied to consumer credit and loans to households for house purchased allows monitoring the development of loan charges over time.
Represented time series on outstanding amount on loans are aggregated data breakdown by sectors and original maturity. In case of loans for households data are segmented also by type of loans.
The annual percentage rate of charge is the total costs of a loan for a client. It is calculated using an element of the interest rate and an element of other associated costs (costs of gathering information, administration, preparation of documents, etc.).
