Board of the Bank of Slovenia on Deposit Interest Rates

Ljubljana, 24 February - BANK/SLOVENIA/INTEREST/RATES
The board of the Bank of Slovenia (BS) assessed on Tuesday that the trends in deposit interest rates reflected the economic situation in Slovenia and business operations with foreign partners. The board thus maintains that the highest deposit interest rates as stipulated in the inter-bank agreement (the basic interest rate plus 5 percent) do not need changing after 1 March 1999.