“Why National Bank Urges Banks to Increase Savings Account Rates for Stable Financing”

But there should be no complacency, it also sounds. The National Bank refers to savings accounts, which it considers to be a source of stable financing for lending. She has a clear message: “The banks must support this stability by gradually increasing the remuneration of those accounts, taking into account the development of their interest income”.

Last month, the National Bank had already indicated that the interest on savings accounts is too low compared to the market interest rate. “Pity to God”, said economist Paul De Grauwe earlier this month in “Terzake”. State Secretary for Consumer Affairs Alexia Bertrand (Open VLD) even suggested the possibility of simply imposing a higher minimum interest rate.