The Issuing Institute of Overseas Departments recently published the rates for loans to businesses and individuals practiced in Reunion in 2021. The average interest rate for new equipment loans drops by 10 basis points compared to July 2021, to settle at 1,55% as of October 2021. The average rate of new matured cash loans continues to rise, with an increase of 12 bps between July and October 2021. However, it is still below the levels observed before the health crisis. Concerning loans to individuals, the average rate of new home loans contracts by 4 basis points in July 2021 compared to April 2021. It now stands at 1,19 %, a new historical low point. The average rate of personal loans and other consumer credits finally fell by 18 basis points over the quarter in question.
