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Commercial Interest rates for deferred payment

 

The interest rates for deferred payment (mora), when the creditors are commercial companies, singular or collective, are the following:

Period

Interest rate

Order / Notice

1st Semester 2010

8,0%

Despacho 597/2010, 4 Janeiro

2nd Semester 2009

8,0%

Aviso 12184/2009, 1 Julho

1st Semester 2009

9,5%

Notice 1261/2009, 14 January

2nd Semester 2008

11,07%

Notice 19995/2008

1st Semester 2008

11,2%

Notice 2151/2008

2nd Semester 2007

11,07%

Notice 13667/2007

1st Semester 2007

10,58%

Notice 191/2007

2nd Semester 2006

9,83%

Notice 7706/2006, 10 July

1st Semester 2006

9,25%

Notice 240/2006, 11 January

2nd Semester 2005

9,05%

Notice 6647/2005, 12 July

1st Semester 2005

9,09%

Notice 311/2005, 14 January

From 01/10/2004 to 31/12/2004

9,01%

Order 1105/2004, 16 October

From 17/04/1999 to 30/09/2004

12%

Order 262/99, 12 April

From 28/09/1995 to 16/04/1999

15%

Order 1167/95, 23 September

From 25/05/1993 to 27/09/1995

16,5%

 

From 23/03/1989 to 24/05/1993

18%

 

 

As per article 102 of Commercial Code, the interest rate is published by the Government.

This note is only for information and does not hold its divulgers responsible. For thorough information you must consult the Law.

 

 


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