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New Deposits Reach All-Time High as Interest Rates Rise in July

The average yield of new deposits increased for the sixth consecutive month, reaching 1.59%.

2 September 2026Tagblick Newsdesk

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Archive photo: New Deposits Reach All-Time High as Interest Rates Rise in July — Archive photoPhoto: Ben Bernanke · Wikimedia Commons · Public domain

New deposits in Portugal reached an all-time high in July, according to various sources. The average yield of these deposits increased for the sixth consecutive month, reaching 1.59%.

Despite this increase in yield, interest rates continue to rise slowly, as reported by Notícias ao Minuto and Público. This situation highlights a trend of growth in interest rates, albeit gradual.

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