Home market Good morning from #Germany where more & more banks introduce penalty interest on customers’ de

Good morning from #Germany where more & more banks introduce penalty interest on customers’ de

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Good morning from #Germany where more & more banks introduce penalty interest on customers’ de

Good morning from #Germany where more & more banks introduce penalty interest on customers’ deposits to cover costs incurred by #ECB’s negative rate for bank deposits. According to Bundesbank, 77% of all company deposits and 42% of private customer’s deposits are now penalized. h/t Holger Zschaepitz

Good morning from #Germany where more & more banks introduce penalty interest on customers’ de

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