Rising interest rates on savings accounts in Austria

2023-09-15 09:31:22 Even with a short commitment period, the effect is significantly higher than with daily balances Vienna (OTS) – The ECB interest rate statistics published by the Oesterreichische Nationalbank (OeNB) show a sometimes significant increase in interest rates for savings accounts in Austria. On average, newly concluded tied deposits from private households had an … Read more

AK Savings Interest Test: Something is finally happening!

2023-09-07 05:26:21 Vienna (OTS) – The key interest rate hikes by the ECB have now also reached savers, albeit with some delay and not to the same extent: “But something is happening in the interest rate landscape,” notes Gabriele Zgubic, head of consumer policy at AK Vienna. She also points out that the AK bank … Read more

Tesla and GM Join Forces: Access to 12,000 Supercharger Stations for Electric Cars

2023-06-08 22:54:00 Tesla opens its Supercharger charging network for electric cars from rival General Motors (GM). Starting next year, GM customers will have access to around 12,000 Tesla charging stations, as the largest US carmaker announced in Detroit on Thursday (local time). Tesla’s charging technology is becoming more and more popular. GM boss Mary Barra … Read more

“The Ultimate Guide to High-Interest Savings Accounts and Deposits in 2021”

2023-05-31 05:50:48 Full throttle for savings interest: record values ​​in sight! BILD reveals which banks offer the highest interest rates for overnight and time deposits, what new customers should look out for before accepting an offer, and where existing customers can also benefit Several banks continued to increase their call money interest rates in the … Read more

27 percent growth in new mortgage lending business in March: Sustainable trend reversal or special effect?

2023-05-10 08:10:27 Frankfurt (ots) – The mortgage lending business in Germany has been subject to significant changes since the turnaround in interest rates began in 2022. While the years 2017 to 2021 were characterized by a steady increase in the lending volume, since May 2022 a total of ten consecutive months of sharply declining loan … Read more

Corporate insolvencies: increase in Austria will slow down in 2023, a boost is expected worldwide

Credit insurers Acredia and Allianz Trade are expecting an 11 percent increase in company bankruptcies in Austria. Insolvency dynamics are slowing down in global comparison. Vienna (OTS) – Austria recorded one of the strongest increases in corporate insolvencies in Europe last year. This race to catch up seems to be over. In the current insolvency … Read more

Stock falls nearly 50 percent

The food storage container manufacturer Tupperware has come under heavy pressure on the stock exchange due to liquidity concerns. After the company warned of acute cash shortages, the stock fell 49 percent on Monday to $1.2. The price fell to its lowest level since the record low at the beginning of the Corona crisis around … Read more

Inflation problem not solved: Bundesbank boss calls for much higher interest rates

Tuesday 07 February 2023 Inflation problem not solved Bundesbank boss demands much higher interest rates “It would be dangerous to think that we are already through and that the inflation problem is over,” says Bundesbank President Nagel. (Foto: picture alliance/dpa) In January, inflation in the euro area fell sharply to 8.5 percent. A positive development, … Read more