December 9, 2022

Taylor Daily Press

Complete News World

The French savings account earns 40 times more than the majority of savings accounts in our country

The French savings account earns 40 times more than the majority of savings accounts in our country

Many banks in our country have increased interest on savings in recent weeks. However, in about 70 percent of financial institutions, you should still be content with a savings interest of 0.11 percent. In our southern neighbours, we find a savings formula that yields more than 40 times.

Why is this important?

During tightening fiscal policy The European Central Bank (ECB) gives European banks more room to give their customers higher savings fees. In our country mainly Internet Banks The interest rate has already been adjusted upward. At the big banks, you should be satisfied with the 0.11 percent savings interest, which is the legal minimum in Belgium for regulated savings books.

the essence: In our country, about 70 percent of savings accounts yield no more than 0.11 percent. So far, mainly Internet Banks The interest rate rose. Meanwhile, some of the major banks in our neighboring countries have already begun adjusting their savings provisions upwards.

High savings benefits in France

The highest savings rates are found in France. Anyone who collects money on a government-regulated Livret d’épargne Populaire (LEP) gets an interest of at least 4.6 pro