Savings interest is going up again: three percent is already possible. The ‘Krone’ shows what savers should pay attention to now. Banker Gerald Fleischmann also explains in an interview why interest rates only rise with such a delay and whether he would now advise customers to commit for a longer period.
Policy interest rates have been high for a long time, but now banks are slowly catching up on savings rates. “Something is finally happening,” says AK expert Gabriele Zgubic. Nevertheless, a comparison is worthwhile because the offer is large: smaller or regionally based banks in particular often offer more attractive offers, while the larger institutions offer little or only low interest on savings accounts and promote other products.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
