Interest rates on household deposits maturity up to1 year in the Benelux 2018-2022

Published by
Fernando de Querol Cumbrera,
May 11, 2023
The interest rates on household deposits with an agreed maturity of up to one year in Belgium, Luxembourg and the Netherlands fluctuated during the period from August 2018 to March 2023. The interest rate in Belgium was 0.19 percent in March 2021, but 2.48 percent in March 2023. The monetary policy of the European Central Bank (ECB) maintains artificially low interest rates in an effort to increase inflation on the European continent.

Interest rates per annum on household deposits with an agreed maturity of up to one year in Belgium, Luxembourg and the Netherlands (Benelux) from August 2018 to March 2022

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Source

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Release date

May 2023

Region

Belgium, Luxembourg, Netherlands

Survey time period

August 2018 to March 2022

Supplementary notes

The source states that "the bank interest rate statistics cover those rates that resident monetary financial institutions apply to euro-denominated deposits and loans by households and non-financial corporations that are residents of the euro area. These statistics are used for the analysis of monetary developments and the monetary transmission mechanism as well as for the monitoring of financial stability."

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Statistics on " Household finance in Belgium "

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