BOI negative interest rates to end?

[dub_nerd]

How soon are BOI likely to end negative interest rates on large deposits after yesterday's ECB rate rise? They've said they intend to, but when?

 

[Sarenco]

From 3 August.

Banks respond to ECB interest rate hike

Bank of Ireland has confirmed that it will not be passing the ECB's 0.5% increase in interest rates onto its variable rate mortgage customers.

www.rte.ie

 

[DirectDevil]

Are AIB going to do the same ?

 

[Sarenco]

Are AIB going to do the same ?

Yes.

AIB to abandon negative rates in wake of ECB move

An estimated €18bn of AIB deposits are subject to such rates

www.irishtimes.com