Home » News » Argenta is launching a term account that yields exactly the same amount

Argenta is launching a term account that yields exactly the same amount

This morning, Minister of Finance Vincent Van Peteghem (cd&v) launched the new government bond with a term of 1 year. He announced that it will have a guaranteed return of 2.81 percent net. The purpose of this government bond is to encourage banks to increase the interest on their savings accounts, something that the government has repeatedly asked for.

Barely a few hours after Van Peteghem announced the level of the return, Argenta is launching a new one-year term account that also promises investors a net return of 2.81 percent. Exactly the same as the government bond.

You can subscribe to the government voucher from Thursday 24 August to Thursday 31 August. The Argenta term account will be available from tomorrow. Argenta does not offer the government voucher.

The bank also raises interest on other term deposits. The three-year account yields a net return of 2.52 percent. Those who tie up their money for five years can count on a net compensation of 1.89 percent. The interest on the bank’s savings accounts will not be raised for the time being.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.