Lending Rates

Loan Rates for Businesses

Description Interest Rate
Validity Date
Base Short-Term Loan Rate (BLR)
 
8,25%
 
01.09.13
Base Short-Term Loan Rate/Working Capital
 
9,25%
 
16.08.11
Preferential Short-Term Loan Rate (PLR)
 
8,90%
 
16.08.11
Preferential Short-Term Loan Rate/Working Capital
 
7,90%
 
01.09.13
Base Medium-Long Term Loan Rate (BMLR)
 
9,20%
 
29.04.11
Professional/Business Premises Loan Rate (BBR)
 
8,50%
 
26.02.10

These interest rates are subject to a spread. Base & Preferential Short-Term Loan Rates are subject to a minimum positive spread of 0 and a maximum of 5 units for revolving loans and/or non-revolving loans in euro or foreign currency.

These interest rates are also subject to the Law 128/1975 levy.

Mortgage Loan Rates

Description Interest Rate
Validity Date
Base Mortgage Rate (BMR)
 
5,55%
 
15.09.11
Preferential Mortgage Interest Rate
 
5,25%
 
15.09.11

Mortgage Loan Rates for Individuals in order to Buy/Build/Repair a Home & Buy a Plot of Land

Description Interest Rate
Validity Date
Euribor
 
Euribor 1M + spread
 
17.10.08
Fixed 2-year Rate
 
from 5,30%
 
09.05.11
Fixed 3-year Rate
 
from 5,50%
 
09.05.11
Fixed 5-year Rate
 
from 6,00%
 
09.05.11
Programme "Exoikonomisi Kat' Oikon"*
 
Fixed Rate 4,93%
 
01.02.11
Green Home Improvement Loan with Collateral
 
Euribor 1M + spread from 3,95%
 
01.02.13
Collateral free Home Improvement Loan for Green upgrades
 
Euribor 1M + spread 6%
 
11.05.11

Personal Loan Rates

Description Interest Rate
Validity Date
Base Personal Loan Rate (BCR)
 
11,10%
 
15.09.11
Base Open Personal Loan Rate (BOCR)
 
10,50%
 
03.06.11
Personal Loan - Variable Rate*
 
From 10,95% to 13,55%
 
15.09.11
Personal Loan - Fixed Rate
 
From 12,20% to 14,50%
 
19.08.11

*The interest rate for these products is calculated based on the customer’s profile and credit rating.



Description Interest Rate
Validity Date
Open Personal & Personal Loan with Deposit/Investment Portfolio
as Collateral
 
Euribor 1M + spread***
 
30.07.07
Personal Loan “Kinisi Akinitou”
 
Euribor 1M + spread
 
30.01.13
Knowledge & Skills Consumer Loan*
 
11,85%
 
03.06.11
Green Consumer Loan*
 
8,75%
 
03.06.11
Consumer Loan for Taxes & Dues to the State
 
9,95%
 
03.06.11

Overdraft Limit Interest Rate
Validity Date
Piraeus Payroll Account*
 
13,55%
 
03.06.11
Piraeus Pensioners & Civil Servants Payroll Account*
 
13,55%
 
03.06.11
Multi-Purpose Accounts*
 
13,95%
 
03.06.11
Personal Banking Account*
 
12,60%
 
03.06.11
Cash Manager Account*
 
            13,60%            
 
03.06.11

Euribor 1M is the Euribor 1 month rate for 365 days.

These interest rates are also subject to the Law 128/1975 levy.

*The interest rate is linked to the Base Personal Loan Rate (BCR)
**The interest rate is linked to the Base Open Personal Loan Rate (BOCR)
***The spread depends on the type of collateral and its returns

Farmer Interest Rates

Description Interest Rate
Validity Date
Base Farmer Rate
 
7,10%
 
15.09.11
Farmer Support Loan (FSL)*
 
7,10%
 
15.09.11
Land & Equipment Loan*
 
7,60%
 
15.09.11
Collection of Subsidy in Advance with Collateral*
 
8,10%
 
15.09.11
Loan for Proactive Protection of Agricultural Crops (ELGA)*
 

7,10%
 

11.09.13
Collection of Organic Produce Subsidy in Advance*
 
7,10%
 
15.09.11


These interest rates are also subject to the Law 128/1975 levy.

* The interest rate is linked to the Base Farmer Loan Rate (BCR)

Credit Card Interest Rates

Description Rate for Purchases
Rate for Cash Advances
Validity Date
Piraeus Visa Classic
 
15,95%
 
19,15%
 
01.11.13
Piraeus Visa Gold
 
15,95%
 
18,65%
 
01.11.13
Piraeus Mastercard
 
15,95%
 
19,15%
 
01.11.13
Piraeus Visa Electron
 
15,95%
 
18,90%
 
01.11.13
University Visa
 
15,95%
 
18,65%
 
01.11.13
Miles & More World MasterCard
 
15,95%
 
19,40%
 
01.11.13
Miles & More World MasterCard Gold
 
15,95%
 
17,70%
 
01.11.13
AB Plus MasterCard Credit
 
15,95%
 
19,15%
 
02.02.14
Champions Card MasterCard
 
15,95%
 
19,15%
 
01.11.13
Panathinaikos F.C. Visa Classic
 
15,95%
 
19,15%
 
01.11.13
Panathinaikos F.C. Visa Gold
 
15,95%
 
18,65%
 
01.11.13
Olympiacos B.C. World MasterCard
 
15,95%
 
19,15%
 
15.10.13
Olympiacos B.C. World MasterCard Gold
 
15,95%
 
19,15%
 
15.10.13
Olympiacos F.C. MasterCard
 
15,95%
 
19,15%
 
09.04.14
Olympiacos F.C. MasterCard Gold
 
15,95%
 
19,15%
 
09.04.14
Aris B.C. MasterCard
 
15,95%
 
19,15%
 
09.09.14
Piraeus Life Card Visa
 
15,95%
 
18,95%
 
01.11.13
Piraeus Visa Infinite
 
9,90%
 
18,65%
 
01.11.13

These interest rates are also subject to the Law 128/1975 levy.