Footnotes

Table 2.4.: Average Commercial Banks' Interest Rates on New Loans
(Methodology in details is shown on page Financial Data: Notes on methodology time series)

Average interest rates on new loans are calculated on a basis of the data of the eight biggest banks,
selected by balance-sheet-total criterion. New loans represent new contracts in the reference month. Data
for consumer loans to households is collected on the representative sample of new loans (limited number of
reports, min/max value). Any automatically changed conditions of lending contracts do not represent new
business.
Interest rate on new business is a nominal interest rate increased by a sum of base interest rate or
interest rate bounded to the euro exchange clause and subsidy per annum. Average interest rate on
new business does not include any administrative or other costs.
All the interest rates are nominal weighted arithmetic averages, where value of certain type of loan
represents the weight, except for foreign currency loans where the growth of foreign exchange rate is
not taken into consideration.
The interest rates are presented separately, according to their type:
NOM = a nominal interest rate, without indexation,
TOM = an interest rate is bound to the base interest rate (TOM),
D = an interest rate is bound to the euro exchange clause.
The annual averages are computed as simple arithmetic averages of monthly data.

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