9 days ago • Posted by Charles-Henry Monchau

According to Bundesbank, 77% of all company deposits and 42% of private customer's deposits are now charged negative interest rates

More and more German 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. Source: Holger Z, Deutsche Bundesbank 

#Macro
Share of company deposits and private customer's deposits being charged negative interest rates in Germany
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