Boost Your Savings: BNP Paribas Fortis, ING, KBC, and Beobank Increase Savings Rates on August 1st

2023-07-31 04:00:00

After Belfius in July, it is the turn of BNP Paribas Fortis, ING, KBC and Beobank to increase their savings rate on 1 August. This is all relative good news because the bargain of the summer will be rather the government bonds available at the end of next month. Article reserved for subscribers Journalist in the Political Department By Maxime Biermé Published on 07/31/2023 at 06:00 Reading time: 3 min

The Belgian is a squirrel. It is one of the European champions in terms of savings and can count on a woolen stocking which exceeded 300 billion euros, according to the latest data from the National Bank (BNB), at the end of 2022.

This gigantic sum is not distributed equitably. The majority of savers hold less than 25,000 euros in their savings account. However, this is still a nice sum that you might want to grow. However, in recent months, savings rates have remained at ground level while the cost of living has soared. This motivated the government to encourage, not to say shake, the banks. Without much success so far. The debate will come back to the House after the break.

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