Banks are unlikely to raise their savings rates before the end of the year, even if the European Central Bank (ECB) recently raised interest rates in the eurozone by 0.5 percentage point, or 50 basis points. This was stated by the CEO of Belfius, Marc Raisière, during a press conference on the half-year results on Friday. The state bank achieved its best half-year result ever in the first half and is considering an interim dividend.
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Belfius achieves record net profit of 428.5 million euros, but CEO sees no opportunity to increase interest on savings accounts
