Lending rates to businesses are decreasing
The lending rate decreased or remained unchanged for all economic activities in October compared to September. The largest drop was recorded for office real estate, where the interest rate fell to 3.50 percent in October from 3.59 percent in September. For housing real estate companies, the interest rate decreased to 3.11 percent in October from 3.15 percent in September. Tenant owners’ associations faced the lowest interest rate of all economic activities at 2.89 percent in October, down from 2.91 percent in September.