Bank of Estonia: Borrowing slightly more expensive in 2019
Published on: Thursday 27 June 2019
According to the Bank of Estonia, the average interest rate for housing loans granted in May was up on the previous month at 2.6 percent, as was that for long-term corporate loans at 2.9 percent. There has been a slight upward trend in interest margins in 2019, which can partly be explained by the shortage of competition in some segments of the loan market.
