Key points
Commentary on this data is now incorporated into the Money and Credit statistical release to facilitate analysis.
Table A: Effective interest rates paid/received on individual's balances by UK MFIs (excluding central bank)
Per cent
Not seasonally adjusted
|
Outstanding |
New business |
|||||||
|---|---|---|---|---|---|---|---|---|
|
Sight deposits |
Time deposits |
Other loans |
Secured loans |
Time deposits |
Other loans |
Secured loans |
||
| 2022 | Oct | 0.52 | 1.07 | 6.83 | 2.29 | 3.26 | 7.23 | 3.09 |
| Nov | 0.63 | 1.32 | 6.91 | 2.38 | 3.27 | 7.87 | 3.35 | |
| Dec | 0.83 | 1.67 | 7.00 | 2.50 | 3.33 | 8.16 | 3.67 | |
| 2023 | Jan | 0.89 | 1.82 | 7.09 | 2.54 | 3.51 | 8.35 | 3.88 |
Table B: Effective interest rates paid/received on PNFC balances by UK MFIs (excluding central bank)
Per cent
Not seasonally adjusted
|
Outstanding |
New business |
|||||
|---|---|---|---|---|---|---|
|
Sight deposits |
Time deposits |
Loans |
Time deposits |
Loans |
||
| 2022 | Oct | 0.70 | 1.94 | 4.33 | 2.36 | 3.81 |
| Nov | 1.06 | 2.38 | 4.82 | 2.66 | 4.33 | |
| Dec | 1.21 | 2.70 | 5.14 | 2.92 | 4.88 | |
| 2023 | Jan | 1.44 | 2.92 | 5.30 | 3.11 | 5.24 |
Chart 1: Effective interest rates on individuals deposits
Per cent
Not seasonally adjusted
Chart 2: Effective interest rates on individuals loans
Per cent
Not seasonally adjusted
