Interest rate on bank deposits reached 3.46% in first quarter of 2008 in Cyprus, according to the National Central Bank. This is 0.192% less than in the previous quarter.
Historically, interest rate on bank deposits in Cyprus reached an all time high of 7.00% in 2Q1996 and an all time low of 3.30% in 3Q2006.
Cyprus has been ranked 107th within the group of 143 countries we follow in terms of interest rate on bank deposits.
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