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Billing of deposits becomes a major issue in Europe

On the 09.09.19 at 7:43AM

by

Alexandre Garabedian

German officials believe this is justified to safeguard bank profitability.

BaFin is for it. Felix Hufeld, head of the German financial regulator, advised the government on Thursday 5 September against banning banks from charging negative rates on their customers’ deposits.

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