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This special FD aims in protecting income of senior citizens by providing additional interest on their term deposits. It was introduced in the year 2020.
The interest paid to savers on the State schemes sold in post offices and the rates paid to depositors with AIB are set to rise.
The interest paid to savers on the State schemes sold in post offices and the rates paid to depositors with AIB are set to rise.
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Irish banks have been criticised for not passing higher interest rates back to savers via higher deposit rates.