AIB to start charging personal customers on deposits over €1m?

Brendan Burgess

Founder
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43,428
According to Niall Brady in today's Sunday Times


AIB told banking analysts last autumn that it was considering imposing sub-zero rates on high net worth accounts, with balances of more than €1 million expected to be hit. “AIB has successfully insulated 99 per cent of our customers during a sustained period of European negative interest rates,” it said. “We continue to do so, while keeping our pricing for large deposits under constant review.”
 
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NoRegretsCoyote

Registered User
Messages
2,523
You can see here that corporate deposits are at negative rates for most maturities in the euro area.

Household rates show more variability. Negative in some places at some maturities, but Italian and Dutch banks are offering 1% in some cases. I can't figure out how.
 
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