ECB rate hike resurrects deposit battle 10 years later

ECB rate hike resurrects deposit battle 10 years later

Business / By / July 25, 2022

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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