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(1)
 
29.10.19
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 II"*
 
Fixed Rate(2) 4,00%
 
12.03.18
Green Home Improvement Loan with Collateral
 
Euribor 1M + spread(1) reduced by 0,15%
 
29.10.19


(1) The final floating interest rate is calculated after assessment of the loan application, in accordance with the Bank’s credit policy, taking into consideration factors such as conduct, collateral, amount and duration of the loan. The interest rate is increased as long as the financing / collateral property is a business property. Home mortgage loans take a 0.12% contribution of L. 128 / 75. Business property mortgage loans take a 0.60% contribution of L. 128 / 75.

(2) The rate is 100% subsidized for all the incentives’ categories, excluding the contribution of L. 128/75.

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
e-loan by winbank*
 
10,95%
 
13.06.18
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.