Households made term deposits actively in March 2026
A larger share of household deposits than before consisted of deposits with an agreed maturity in March 2026. Banks pay higher interest on deposits with an agreed maturity than on ordinary current accounts. More than half of households’ new deposits with an agreed maturity were concluded for a period of 3–12 months.
Finnish households concluded new agreements on deposits with an agreed maturity worth EUR 1.5 billion in March 2026, which is approximately EUR 248 million more than in the corresponding period a year earlier. The average interest rate on new agreements was 2.39%. The average interest rate on new agreements declined by less than 0.1 percentage point from March 2025.
In March 2026, 91% of new agreements on deposits with an agreed maturity were concluded for a period of less than one year. More than half of all new agreements were made for 3–12 months and 19% for 1–3 months. The share of the shortest agreements of less than one month was 12%. Only 9% of agreements had a maturity of over one year[1]. Shorter deposits were paid lower average interest rates than longer ones. For example, the average interest rate on agreements with a maturity of 3–12 months was 2.61%, while the rate on the shortest agreements (less than one month) was 1.64%.
At the end of March 2026, the stock of Finnish households’ deposits totalled EUR 115.9 billion, and the average interest rate on these deposits was 0.80%. Of this stock, overnight deposits accounted for EUR 70.3 billion. In March, the stock of household deposits with an agreed maturity stood at EUR 16.3 billion, which is EUR 1.4 billion higher than in the corresponding period a year earlier. Deposits with an agreed maturity accounted for 14.1% of all household deposits, compared with 13.3% a year earlier. In recent years, deposits with an agreed maturity have yielded higher interest than current accounts as market rates have risen. The average interest rate on the stock of deposits with an agreed maturity was 1.96% in March, which is 1.59 percentage points higher than the average rate on current account deposits.
Loans
In March 2026, Finnish households drew down new housing loans worth EUR 1.2 billion, the same amount as in the corresponding period a year earlier. Of the newly drawn housing loans, buy-to-let mortgages accounted for EUR 120 million. The average interest rate on new housing loans rose from February, to stand at 3.03% in March. At the end of March 2026, the housing loan stock totalled EUR 105.4 billion, with an annual change of -0.1%. Buy-to-let mortgages accounted for EUR 9.1 billion of the housing loan stock. At the end of March, the household loan stock included EUR 17.3 billion of consumer credit and EUR 17.8 billion of other loans.
In March, Finnish non-financial corporations drew down new loans[2] worth EUR 2.2 billion, including EUR 500 million of housing corporations’ loans. The average interest rate on new corporate-loan drawdowns rose from February, standing at 3.87 %. At the end of March, the stock of loans granted to Finnish non-financial corporations totalled EUR 109.0 billion, of which loans to housing corporations accounted for EUR 46.0 billion.
Loans and deposits to Finland, preliminary data |
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| January, EUR million | February, EUR million | March, EUR million | March, 12-month change1, % | Average interest rate, % | |
| Loans to households, stock | 140,924 | 140,702 | 140,549 | 0.1 | 3.30 |
| - of which housing loans | 105,677 | 105,590 | 105,414 | -0.1 | 2.77 |
| - of which buy-to-let mortgages | 9,108 | 9,124 | 9,143 | 2.87 | |
| Loans to non-financial corporations2, stock | 108,654 | 109,060 | 109,020 | 2.3 | 3.31 |
| Deposits by households, stock | 116,371 | 116,317 | 115,866 | 3.4 | 0.80 |
| Households' new drawdowns of housing loans | 883 | 1,038 | 1,223 | 3.03 | |
| - of which buy-to-let mortgages | 96 | 113 | 124 | 3.15 | |
* Includes loans and deposits in all currencies to residents in Finland. The statistical releases of the Bank of Finland up to January 2021, as well as those of the ECB, present loans and deposits in euro to euro area residents and also include non-profit institutions serving households. For these reasons, the figures in this table differ from those in the aforementioned releases.
1 Rate of change has been calculated from monthly differences in levels adjusted for classification and other revaluation changes.
2 Non-financial corporations also include housing corporations.
- Euro-denominated deposits and loans of euro area residents: stock, 12 month rate of change and average interest rate
- Euro-denominated loans and deposits of Finnish households
- New business on loans and new drawdowns of household loans
- Finnish contribution to the euro area monetary aggregates and their main counterparts
- Imputed interest rate margins on loans from MFIs
The next news release on money and banking statistics will be published at 10:00 on 02 June 2026.
Related statistical data and graphs are also available on the Bank of Finland website: https://www.suomenpankki.fi/en/statistics.
The statistical data are also available via an API from the Bank of Finland’s open data portal. For details, see https://www.suomenpankki.fi/en/statistics/open-data/?epslanguage=en
[1] Including households’ ASP (first home savings) deposits.
[2] Excluding overdrafts and credit card credit.