Last year, banks approved loans to citizens at an average effective interest rate of 7.22%, and to the economy at a rate of 3.64%, while the best companies had interest rates below 3% annually, Secretary General of the Association of Banks (UBCG) Bratislav Pejakovic has told Pobjeda.
In order to have lower interest rates, we must work on improving legal security and efficiency in the collection of placed funds, he stresses.
Pejakovic points out that the indicators of banks’ operations are at a high quality level.
