Interest rate on bank deposits reached 1.51% in 2016 in Cyprus, according to the National Central Bank. This is 14.4% less than in the previous year.
Historically, interest rate on bank deposits in Cyprus reached an all time high of 7.00% in 1996 and an all time low of 1.51% in 2016.
Cyprus has been ranked 96th within the group of 144 countries we follow in terms of interest rate on bank deposits.
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