summerhill
Registered User
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- 17
With regard to the recent 25 basis points increase to the ECB rate, I have learned that Rabodirect, for example, are passing on just 15 basis points of this increase to their online savers.
Is there any justification for not passing on the full increase to savers? Or is this just another example of a bank boosting it's profitability?
In contrast, the borrowing rates always seem to increase by the full amount of the ECB increase.
Is there any justification for not passing on the full increase to savers? Or is this just another example of a bank boosting it's profitability?
In contrast, the borrowing rates always seem to increase by the full amount of the ECB increase.