German business loan rates, over €1 million, 1 to 3 years
German business loan rates, over €1 million, 1 to 3 years stood at 4.43% in Aug 2026, according to Deutsche Bundesbank. It is one of the indicators in the Bank interest rates table (Value · Monthly), with a complete series running from Jun 2010 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Bank interest rates table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loans to non-financial corporations with collateral or guarantees | |||||||||||
| Business, Loans to non-financial corporations over EUR 1 million with collateral and/or guarantees, initial rate fixation of over 1 and up to 3 years, SUD176 | 4.43 | 4.93 | 4.44 | 3.89 | 4.13 | 3.69 | 4.07 | 3.86 | 3.94 | 3.6 | |
| Business, Loans to non-financial corporations up to EUR 0.25 million with collateral and/or guarantees, initial rate fixation of over 1 and up to 3 years, SUD164 | 4.83 | 4.68 | 4.7 | 4.66 | 4.82 | 4.66 | 4.31 | 4.28 | 5.01 | 5.01 |
Understanding german business loan rates, over €1 million, 1 to 3 years
Substantial commercial lending agreements holding a fixed rate for over one and up to three years populate this series, restricted to non-financial corporations borrowing sums strictly above EUR 1 million. The inclusion criteria demand robust collateral or guarantees. This exact configuration captures the pricing of heavy, near-term strategic investments, entirely separating them from both the immediate pressures of working capital loans and the rigid structures of decade-long financing. It represents the sweet spot for large treasuries seeking to execute immediate capital upgrades while maintaining the flexibility to refinance in the near future.
Evaluating the momentum of these rates relies on comparing current monthly outputs against those from preceding quarters to map the evolving shape of the yield curve. Because the fixation is locked for up to three years, the agreed percentages reflect the banking sector's anticipation of medium-term policy environments rather than just overnight rates. Revisions to the primary data are infrequent but can occur. Users should exercise caution when comparing this new business pricing with the average rate of existing corporate debt, as the latter contains a massive backlog of legacy contracts masking the sharp realities of today's borrowing costs.
Frequently asked questions
- Is a loan precisely at the one-year mark captured here?
- No, the parameters mandate that the initial rate lock must strictly exceed twelve months.
- Do cross-border loans from foreign banks count?
- The figures are compiled from the domestic business of banking institutions resident within the country's borders.
- Are variations in the EUR 1 million threshold allowed for inflation?
- The statistical boundary remains a hard nominal threshold, completely unadjusted for inflation over time.