Tag: Alexander Wuerst
Overdraft interest increases significantly more than call money interest
People’s Bank and Savings Bank At least 43 percent of German banks do not pay any interest on call money, and the proportion is slightly higher for cooperative banks and…
The savings banks are doing away with comfortable pensions for board members
Frankfurt It’s almost a ritual. Every time a high-ranking savings bank official speaks up, he complains about the European Central Bank’s policy of negative interest rates. “The low and negative…