Increase in number of German banks charging negative rates.

BANKING AND CREDIT NEWS-May 18, 2020--Increase in number of German banks charging negative rates

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Global Banking News - 18 May 2020

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The number of German commercial banks charging negative rates has increased as the nation entered into a recession.

The nation has entered into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008. It is now believed that more than 100 banks in the country are...

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