Scholarship © AFP The share of the Belgian chemical company Solvay rose by 9 percent after a compliment from the well-known American investor David Einhorn. On a flat Brussels stock exchange day, one share stood head and shoulders above the rest on Thursday: the chemical company Solvay shot up to 9 percent higher to 29.19 … Read more
The government wants to issue a government bond that can compete with the savings account. Finance Minister Vincent Van Peteghem (CD&V) is considering competing with the banks with a special government bond. There may be a government bond with a term of one year that would yield better returns than the most attractive savings books … Read more
Savers are entitled to a ‘fair’ payment on their savings accounts. If not, the banks could be in danger of losing the trump card of the loyal Belgian savings public. The deputy governor of the National Bank (NBB), Steven Vanackere, warned of this on Wednesday. The government has asked the National Bank for advice on … Read more
Febelfin rejects a mandatory increase in savings interest. The banking federation is also reluctant to respond to the letter from Minister Vincent Van Peteghem (CD&V) that interest rates must be raised. Febelfin, the federation of the banks, reacts negatively to the warning from Minister of Finance Vincent Van Peteghem that interest rates on savings must … Read more