The new secured loan rate fell to 3.18%, a decrease of 4bps on the month.
The effective rate paid on households’ outstanding time deposits increased by 11bps to 1.92% in October and the rate for households’ new time deposits increased by 4bps to 1.53%.
The rate on outstanding unsecured personal loans decreased by 15bps to 7.23% in October and the new unsecured personal loan rate decreased by 34bps to 7.38%.
