Poland: Interests on Bank Deposits to Remain Low

BusinessEconomy ♦ Published: March 28, 2014; 15:32 ♦ (Vindobona)

Interest rates will only be raised at the end of 2014.

Bank clients are forced to switch banks regularly to receive higher interest rates. / Picture: © Vindobona.org

Interest rates on Polish bank deposits are going to be raised not sooner than at the end of 2014, according to daily Dziennik Gazeta Prawna quoting bank experts. Moreover, the positive effect will only be applied to special short-term offers and bank products aimed at aquiring new clients, with the result of bank clients moving their assets to different financial institutes, according…