Tag: banking
Browse our exclusive articles!
Six billion lying dormant – RBI: Russia only steps out for “compensation”
The bumpy exit of Raiffeisen Bank International AG (RBI) from Russia continues to drag on. It is now said that nothing will happen without...
The heart of the matter with interest: savers lost 9 billion euros in one year
The average Austrian has almost 36,000 euros on the table. But due to high inflation, money is becoming less and less valuable - and...
ECB on World Savings Day – demand for savings products remains high
The course recently taken by the European Central Bank (ECB) to lower interest rates marks a new turnaround. Long-term savings deposits in particular are...
Tie up quickly! – Cuts by the ECB: savings rates continue to fall
Not good news for savings account savers. The European Central Bank (ECB) lowered the policy interest rate again on Thursday by 0.25 to 3.25...
No continuation – FMA closes Wiener Bank with immediate effect
The Financial Market Authority (FMA) has banned the European American Investment Bank (Euram) from continuing its business activities with immediate effect. The financial institution...
