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<title>Average lending and deposit rates for companies</title>
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<h3>Average lending and deposit rates for companies</h3>
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Budapest, October 5, 1999 (MTI-ECONEWS) -

====================================================================
                          1999  1999  1999  1999  1999  1999  1999
                           Feb   Mar   Apr   May   Jun   Jul   Aug
====================================================================
LENDING (pc)
under one year maturity
    weighted average      17.1  17.0  16.8  16.6  16.2  16.0  15.6
over one year maturity
    weighted average      18.3  18.0  17.9  17.2  17.2  16.3  16.6
discount rate
    weighted average      16.7  16.7  17.5  16.7  16.5  16.5  16.0
-------------------------------------------------------------------
DEPOSIT RATES
  up to one year          13.3  13.4  13.1  12.8  12.5  12.3  12.1
  up to one month
    weighted average      13.3  13.3  13.0  12.7  12.4  12.1  12.0
one month-one year
    weighted average      13.5  14.0  13.9  13.7  13.1  13.0  12.9
over one year
    weighted average      12.7  13.9  14.0  13.0  13.1  12.8  13.3
current account (pc)
    min                    1.0   2.5   1.0   1.0   1.0   1.0   1.0
    max                   17.0  18.0  18.0  18.0  18.0  18.0  18.0
====================================================================

    Source: National Bank of Hungary

    Figures from commercial banks and other financial institutions
on interest charged in individual loan and deposit contracts with
companies and enterpreneurs in the given month, on market
conditions. Loan rates do not include additional costs and fees.

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Copyrigth MTI Econews<p>
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From the Home Page of the Hungarian Trade Office<br>
Mori Bldg. 28., 4-16-13 Nishiazabu, Minato-ku, Tokyo 106-0031 *
tel:03-3499-4951 fax:03-3499-4918 
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