Danske Bank Lowers Negative Rate Threshold,  Denmark’s Business Minister Says...

Danske Bank Lowers Negative Rate Threshold, Denmark’s Business Minister Says...

On April 26, 2021, the Danish multinational banking and financial services corporation Danske Bank published a press release explaining that the institution has changed the threshold for personal customers and standard interest rates for business customers in Denmark. The Bank plans to lower the threshold for charging negative interest on deposits from DKK 100,000 to DKK 250,000 ($16k to $40k USD). Denmark Savers Will Feel the Brunt of Negative Rates This Summer A number of large financial institutions in Europe have been embracing negative interest rates. Bitcoin.com News recently....


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