Will the minimum savings interest be raised?

It is currently icy quiet on the Belgian savings market. This has not gone unnoticed by the politicians. There are calls within the federal government to raise the minimum interest rate of 0.11 percent.

Why is this important?

The banks are obliged to link an interest of at least 0.11 percent to the regulated savings accounts. You will now receive a higher fee on almost all savings accounts. Although those rates are still remarkably lower than the interest that banks charge when you take out a home loan.

Do you want to stay informed about everything that is happening in the financial world? Niels Saelens, a journalist with a passion for finance, follows everything closely. Through this link you can subscribe to his weekly newsletter.

The essence: With more than half of the savings accounts today you have to be satisfied with an interest rate lower than 1 percent. In the meantime, the (fixed) interest rate on a loan with a term of 25 years has risen to about 3.7 percent, which is almost a

This premium article is exclusive to subscribers

Become a subscriber and immediately get unlimited access to all articles. From now on €1.99/month.

Already a subscriber? Log in and get access to all premium articles.

About admin

Check Also

Is PEPE coin going to rise or is the bull run cycle over, are $COPIUM and AiDoge the new trending cryptos?

NB! This is a paid press release. After its sudden appearance on the crypto market, …

Bir cevap yazın

E-posta hesabınız yayımlanmayacak. Gerekli alanlar * ile işaretlenmişlerdir