ECB rate hike resurrects deposit battle 10 years later

ECB rate hike resurrects deposit battle 10 years later

The rise in rates by the European Central Bank (ECB) last Thursday opens the door for the financial sector to resurrect a saving formula with great pull in Spain and that has been in decline for almost a decade: deposits. The agency decided to raise its interest rates by half a percentage point, to 0.50%, …

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