Loans and leasing

Can Citadele affect the EURIBOR rate?

Bearing in mind that EURIBOR is the average interbank EUR lending rate for a set period of time, Citadele has no say in setting EURIBOR rates. Since 2015, the EURIBOR rate has been negative, but bearing in mind the growing pace of inflation, the European Central Bank (ECB) Council has decided to gradually raise the EURIBOR rate, and it has now increased to above 0.

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