DUBAI / WAM Dubai Airports has entered the winter travel season with one of its …
Read More »German banks pass ‘rates pain’ to retail clients
Bloomberg A growing number of German banks are passing on negative interest rates to their retail customers as the costs become too high to bear on their own. Berliner Volksbank, the country’s second-largest cooperative lender, started to apply a minus 0.5% rate on deposits exceeding 100,000 euros ($110,000) in its first charge for retail clients. The move may encourage other …
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