Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year.
What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.
In normal countries it is absolutely OK to have low interest rates (2-5 per year) in exchange for the greater stability of the banks.
Here in my country we have annual interest rates close to 20% (for the local currency), but that't just the price of the greatest inflation we ever had over the past 15 years.