TheBanks.eu Logo
Please direct any queries to the e-mail address below Contact email
img

Compare Countries By Deposit Rates

Deposit taking institutions offer a broad range of deposit accounts to their clients varying in maturity, withdrawal conditions and interest rates. According to ECB statistics, the most of the deposit contracts have maturity less than 1 year. This page provides information on nominal deposit rates (quoted in deposit contracts) with agreed maturity up to 1 year in local currencies.

img

When estimating income from a deposit, the following should be taken into account:

To roughly estimate the reliability of deposits in a particular country, the following two parameters are provided:

Country Currency Deposit Rate[1] Estimated
Inflation Rate[2]
Maximum
Protected Amount[3]
Country Ceiling for Deposits[4]
 Slovakia EUR 2.04%-0.50%100 000 EURAaa (prime)
 Poland PLN 1.57%-0.20%100 000 EURAa3 (high grade)
 Netherlands EUR 1.51%0.10%100 000 EURAaa (prime)
 Cyprus EUR 1.46%-1.20%100 000 EURBaa1 (lower medium grade)
 Czech Republic CZK 1.13%0.60%100 000 EURAa2 (high grade)
 Croatia HRK 1.13%-0.60%100 000 EURBaa1 (lower medium grade)
 France EUR 1.08%0.30%100 000 EURAaa (prime)
 Italy EUR 0.96%-0.10%100 000 EURAa2 (high grade)
 Romania RON 0.90%-1.10%100 000 EURA3 (upper medium grade)
 United Kingdom GBP 0.70%0.70%75 000 GBPAaa (prime)
 Greece EUR 0.70%0.00%100 000 EURCaa3 (in default with little prospect for recovery)
 Malta EUR 0.65%0.90%100 000 EURAaa (prime)
 Hungary HUF 0.49%0.40%100 000 EURBaa2 (lower medium grade)
 Luxembourg EUR 0.49%0.00%100 000 EURAaa (prime)
 Finland EUR 0.48%0.40%100 000 EURAaa (prime)
 Bulgaria BGN 0.42%-1.30%100 000 EURA3 (upper medium grade)
 Latvia EUR 0.33%0.10%100 000 EURAaa (prime)
 Portugal EUR 0.32%0.60%100 000 EURA1 (upper medium grade)
 Germany EUR 0.30%0.40%100 000 EURAaa (prime)
 Estonia EUR 0.30%0.80%100 000 EURAaa (prime)
 Austria EUR 0.29%1.00%100 000 EURAaa (prime)
 Slovenia EUR 0.19%-0.20%100 000 EURAa3 (high grade)
 Sweden SEK 0.15%1.10%100 000 EURAaa (prime)
 Lithuania EUR 0.14%0.70%100 000 EURAaa (prime)
 Spain EUR 0.11%-0.30%100 000 EURAa2 (high grade)
 Belgium EUR 0.08%1.80%100 000 EURAaa (prime)
 Denmark DKK 0.08%0.00%100 000 EURAaa (prime)
 

[1] Deposit rates are agreed annualised deposit rates of new deposit contracts with agreed maturity up to 1 year between credit institutions and households, the data are provided by European Central Bank, November 2016.

[2] Estimated annual percentages of average consumer prices in 2016, the data are provided by International Monetary Fund, World Economic Outlook.

[3]  The data are provided by National Central Banks and Deposit Insurance Organizations.

[4] Moody's country ceilings for deposits (as of September 02, 2016) specify the highest rating that can be assigned to local- or foreign- currency denominated deposit obligations of a bank or other deposit taking institution domiciled within that country. Because the deposit rates are given for local-currency contracts,  Moody's country ceilings for local currency are provided.


Deposit Rates in the European Union
Chart 1. Deposit Rates (November 2016) in the European Union. Source: ECB.