Banks increase deposit and account profitability
ING, MyInvestor, Deutsche Bank, Trade Republic y Renault Bank siguen al BCE con alzas significativas de las rentabilidades de sus productos. Leer
Several European banks and financial institutions, including ING, MyInvestor, Deutsche Bank, Trade Republic, and Renault Bank, have increased the interest rates on their savings products following the European Central Bank's (BCE) decision to raise interest rates by 25 basis points to 2.5%. MyInvestor has increased its deposit rates to 2.50% TAE for clients with a minimum investment of 10,000 euros and a maximum of 100,000 euros.
Deutsche Bank has raised its "Depósito Confianza Más DB" rate to 3.50% TAE, while ING has launched new 6-month deposits with rates between 2% and 2.15%. Trade Republic will increase its account remuneration to 2.53% TAE starting September 16, and Renault Bank has raised its "Cuenta Contigo" rate to 2.27%.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.