Weighted average interest rate on new loans in national currency granted in June 2014 was 10.03 percent, decreasing by 2.00 percentage points versus the same period last year (Chart no. 1). As compared to the previous month, the weighted average interest rate on loans in national currency fell by 1.17 percentage points. Loans with terms from 2 to5 years continued to be the most attractive, their share accounting for 56.3 percent in June 2014 of the total volume of loans in national currency (Chart no.2) and were granted an average rate of 9.08 (decreasing by 2.31 percentage points versus the previous month).
Loans granted to legal entities at an average rate of 9.51 percent held the largest share in the new granted credits in national currency, representing 80.7 percent of total volume in national currency. At the same time, the average rate on loans granted to individuals amounted to 12.22 percent (Chart no.3). Weighted average interest rate on new loans granted in foreign currency in June 2014 was 7.78 percent, by 0.19 percentage points higher than in June 2013. As compared to the previous month, the average interest rate fell by 0.66 percentage points in June 2014. In the reporting month the new loans in foreign currency was 99.5 percent of total loans in foreign currency, being mainly represented by the loans granted to legal entities with an average rate of 7.76 percent (Chart no.4). The loans with terms from 2 to 5 years were the most attractive (41.6 percent of total loans in foreign currency), being granted at an average interest rate of 7.89 percent.
In June 2014, average interest rate on new term deposits attracted in national currency was 4.92 percent, decreasing by 1.87 percentage points compared to June 2013 (Chart no.5). Compared to May 2014, the average interest rate on term deposits attracted in national currency decreased by 0.08 percentage points during the reporting period. Term deposits with terms from 6 to 12 months constituted 36.2 percent of total term deposits in national currency, being the most attractive during the reporting period, which were attracted at an average interest rate of 6.87 percent (Chart no.6).
The share of term deposits in national currency from individuals during the reporting period was 50.9 percent of total term deposits attracted in national currency, decreasing by 1.2 percentage points as compared to the previous month. The average interest rate on deposits granted to individuals constituted 7.58 percent (Chart no.7). The average interest rate on deposits granted to legal entities constituted 2.16 percent, reflecting a decrease of 0.27 percentage points compared with the previous month. Weighted average interest rate on new term deposits attracted in foreign currency was 3.85 percent during the reporting period. Compared with May 2014, the average interest rate on deposits in foreign currency decreased by 0.61 percentage points in the reporting month. Term deposits with terms from 6 to 12 months held the lar\gest share (39.3 percent) of total term deposits in foreign currency, which were attracted an average interest rate of 4.90 percent, decreasing by 0.02 percentage points as compared to the previous month (Chart no.8).
Banking margin on operations in national currency was 5.11 percentage points in June 2014, decreasing by 1.09 percentage points as compared to the previous month level (Chart no.9). Banking margin on operations in foreign currency amounted 3.92 percentage points in the analyzed month, increasing by 0.54 percentage points as compared to May 2014.
