According to the BCL, the number of loans with variable interest rates saw an average year-on-year increase of 0.5%.
In June 2022, the variable interest rate was 1.34% on average. The volume of loans with variable interest rates also saw a year-on-year increase from €307 million to €337 million in May 2022.
Fixed interest rates had increased by 0.9% in May to attain 2.26% on average in June. The volume of loans with fixed interest rates decreased by €170 million, according to the BCL statement.
