The National Bank reports that in September, the interest rate on new ruble loans to legal entities dropped to 9.7% per annum.

In August, the rate for loans to legal entities was 10.1%.

The decrease compared to the previous month is small, but it continues the trend.

Loans in such a situation act as a thermometer: when the rate falls, borrowing becomes more accessible, but at the same time, the return on savings changes.

Loans to the population have also become cheaper, reaching 13.9%.

For individuals, the rate on new loans in the national currency in September amounted to 13.9% per annum.

A month earlier, it was at 14.1%. The difference is small, yet it shows the general direction of the market.

Debt on loans increased by 13.6%.

Banks continued to support the economy, with a preference for Belarusian rubles.

The overall annual growth in debt for legal and physical entities at the end of September was 13.6%.

In the national currency, the figure was higher—18.4%.

The highest rate on population deposits in September was for non-withdrawable deposits over three years—14% per annum.

This is noticeably higher than the average rate on new term deposits, which amounted to 10.4%.