Has just announced that should the interest rate go below 0%, then he can foresee that banks may start to ask their customers to pay a fee for safeguarding the customers money in their account.
In other words, the banks will be unable to make money by lending due to the low interest rate, so to make the banking system worthwhile, they will ask the customers to pay to keep money in their bank accounts.
Will you pay to help the poor beleaguered banks>
Marin
no thanks,. I will not click on links like that but good try
In other words, the banks will be unable to make money by lending due to the low interest rate, so to make the banking system worthwhile, they will ask the customers to pay to keep money in their bank accounts.
Will you pay to help the poor beleaguered banks>
Marin
no thanks,. I will not click on links like that but good try