From 1. February can boligforeningers deposits on transaction accounts with Nordea will be imposed a negative interest rate.
From 1. February can housing associations look forward to being imposed a negative interest rate, if they have the money standing on a transaktionskonto at Nordea.
It informs Nordea in a letter sent out to housing associations, which cover over housing cooperatives, and other boligfællesskaber as well as owners ‘ associations.
A transaktionskonto is equivalent to an ordinary account from which to send and receive recurring transactions. For example, it may be the payment of bills.
– Nordea has so far not charged a negative deposit rate of the deposits in transaktionkonti for housing associations.
– We change practice and introduce per 1. February 2020 a negative deposit rate of minus 0.75 per cent on the transaction accounts of housing associations, says in the letter.
the Associations may, however provisionally not renteændringen with a background in their business volume, according to the letter.
According to Nordea happens renteændringen as a result of the interest rate of the national Bank, which is the banks ‘ bank, in a prolonged period of time have been negative.
In the course of the autumn it has only become more expensive for Nordea and the other banks to have the money standing in the Bank, since the central Bank has lowered interest rates further.
Nordea also justifies the change, that there is a prospect that the interest rate in a long period of time remains at a very low level.
– of course, We will help the housing association to find other more attractive locations of their indlånsoverskud.
– for example, It may be as aftaleindlån, for example, a year in advance of investments/improvements in the operation of their properties or reducing debt, says Bjørn Bend Jensen, director with responsibility for corporate customers in Nordea, in a written comment.
at the same time Nordea from 1. February can impose a negative interest rate on boligforeningers any balances on the transaction accounts, the bank will also start to put a negative interest rate on the most affluent residential disconnections savings.
Private clients with deposits over dkk 750,000 can thus look forward to an interest rate of minus 0.75 per cent from 1. February. It informed Nordea, a few weeks ago.
Nordea is not the only bank in Denmark, which has been forced to introduce negative interest rates for customers because of the negative rentemiljø.
Royal Bank was the first major bank in denmark, who earlier in the year decided to portend negative interest rates.
the Page has a strip of other banks announced similar measures. It applies, among other things Sydbank, Spar Nord, the Alm. Fire and Ringkjøbing Landbobank.
/ritzau/
