Figures show gap between interest rates for household deposits and mortgage loans

Interest rates paid by Irish banks on deposits with agreed maturity were 0.63% on average, compared to the equivalent rate in the euro area which was 1.44%.

Central Bank figures reveal gap between rates paid by banks for household deposits versus interest rates on personal and mortgage loans.

The average interest rate on new mortgages increased by 12 basis points to 2.69% in December.