Base Rates for the Financing of SMEs in Foreign Exchange

Piraeus Bank Group readjusts its base rates for the financing of SMEs in Foreign Exchange. Below are the new base rates for the period 01/05/2003-31.05.2003

          Base Rates for the Financing of SMEs in Foreign Exchange
                               01/05/2003-31.05.2003
CURRENCY BASE RATE
USD 3.85
GBP 6.30
JPY 2.55
CHF 3.10

Notes:
  • For the financing of SMEs in foreign exchange through Advance Credit Account the base rates are charged with a 2%-4.5% margin
  • For the financing of SMEs in foreign exchange with Overdraft Account the base rates are charged with 0%-5% margin
  • All base rates are also charged with Levy L.128/75