Interest rates on consumer loans seen to be dropping over the next 12 months

The interest rate on one-year consumer loans may drop by 2.76% in the next 12 months. The decrease in the price of business credits will be a little lower at 2.4%. The interest rate of the one-year deposits will be decreasing by 2%. In this last case the decrease will be preceded by an increase in the interest rates first. The changes may be different according to different banks due to strong competition among retail banks. (Prawo i Gospodarka, page 1, 12) M.M.