Germans shun foreign deposits on fears of new crisis - Business & Finance
FRANKFURT: German savers are turning their backs on foreign banks despite juicier deposit rates for fear of getting...
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FRANKFURT: German savers are turning their backs on foreign banks despite juicier deposit rates for fear of getting...
Despite potentially higher interest rates, Germans are placing fewer deposits abroad, due to fears of a financial crisis after the collapse of Silicon Valley Bank
German savers are getting cold feet about deposits held abroad despite juicier interest rates for fear of getting embroiled in a crisis like the one that hit Silicon Valley Bank, data compiled for Reuters shows.
FRANKFURT (Reuters) - German savers are turning their backs on foreign banks despite juicier deposit rates for fear of getting embroiled in a crisis like the one that hit Silicon Valley Bank, data compiled for Reuters shows. | 09:50am
German savers are turning their backs on foreign banks despite juicier deposit rates for fear of getting embroiled in a crisis like the one that hit Silicon Valley Bank, data compiled for Reuters