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Home > Statistics > Effective interest rates - August 2017

Effective interest rates - August 2017

29 September 2017

This statistical release contains average interest rates across deposit or loan accounts with UK banks and building societies, calculated using data on rates and balances reported to us on statistical form ER.

  • Effective rates on new unsecured fixed-rate loans to individuals decreased by 43bps from 7.97% to 7.54%; and
  • Effective rates on new time deposits from individuals increased by 11bps from 0.93% to 1.04%

Effective Interest Rates - August 2017

Tables A and B

Revisions to tables

Further details about these data

Selected series and splits of the data are also available in Bankstats tables G1.4 and  G1.5

If you have any queries with regard to this release please email us.

Pre-release access

The following are given pre-release access to this release and related documents in their final form within 1 working day.
​Access granted to Organisation​​
​Press Office ​Bank of England



 Next release date


​30 October 2017