German Bank Raiffeisenbank Gmud am Tegernsee is to remove their customers on 0,4%. It is reported by Belgian newspaper Le VIF. Apparently, this example will be followed by other European banks, many of which have long practiced a zero interest rate.
The fact that the leadership of the aforementioned Bank said that he had no other choice, because the Bank simply forced to go negative percentage due to the fact that he has to pay the interest of the European Central Bank (ECB).
But this German Bank is unable to claim the championship. To him, negative interest rate introduced one of the banks of such a prosperous country like Switzerland. It is a Bank Alternative Bank Schweiz (ABS), which will charge your Deposit their clients of 0.125%. It is not surprising that this measure has approximately 1797 forced customers to leave the Bank, which together with them disappeared about 50 million euros, were on Deposit accounts.
Of course, these actions linked to the requirements of the ECB that European banks pay a certain percentage. Today, banks pay the ECB to 0.4% if they have a Deposit account located in Frankfurt. In a strange way, the President of the ECB , Mario Draghi hopes to encourage banks to invest in the real economy.
In Belgium, the ECB also has pressure, so more and more we hear a call to reduce interest rates below 0%. But Belgian Finance Minister Johan van Overtveldt refused to introduce such measures and to change their practices. Today in Belgium the interest rate cannot be lower than 0,01% and the award was received by the customer for consistency, must be equal to or exceed 0.10%.
Sergey Bessonov
