21 Sep
2019
21 Sep
'19
5:55 p.m.
https://www.reuters.com/article/denmark-rates-jyske-bank/update-1-denmarks-j... Jyske Bank, Denmark’s second-largest bank, said it would introduce a negative interest rate of 0.75% for all corporate deposits and for private clients depositing more than 750,000 Danish crowns ($111,100) from Dec 1. A month ago, it said clients depositing more than 7.5 million crowns would be charged negative interest rates of 0.6%. "we have to pass on part of this bill to our customers" Switzerland’s UBS has said it will impose a negative rate of 0.75% on clients who deposit more than 2 million Swiss francs.