Home » Business » KBC also scraps negative interest rates KBC also scraps negative interest rates June 27, 2022 by world today news – theme image — © MARC HERREMANS – MEDIA HOUSE – From 1 September, KBC will no longer charge negative interest for funds from companies and legal entities. The decision comes in light of “the persistently rising market interest rates and planned interest rate hikes by the European Central Bank,” KBC said in a press release on Monday. – jvhBron: BELGIAN Today at 17:07– The negative interest rate at KBC applies to companies and legal entities. Nothing will change for private individuals, because KBC had not introduced a negative interest rate for them. The minimum interest rate of 0.11 percent applies to KBC’s regulated savings accounts. ING Belgium previously announced a similar measure, also from 1 September. Private individuals are involved at ING: on parts of the savings (from at least 250,000 euros) a zero interest rate or even a negative interest rate applies. The negative interest rate will also disappear for “the vast majority” of ING Belgium’s corporate customers, the bank announced at the beginning of June. — Related posts:Sad news - chances of a new BTC all-time high are only 5 percentMK Mankong Housing Announces Investment in Sansiri Public Company Limited (SIRI)Armed RAF bus, electric VW ID.3 and other impressive vehicles will collapse in Kipsala tomorrow - Ca..."Škoda Auto's First-Quarter Operating Profit Rises to €542 Million"Share this:FacebookX Related Mexico begins to vaccinate children from 5 to 11 years old against covid-19 How to Know Money-Making Applications That Are Classified as Scams (Fraud) Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.