Spain Tells Banks to Pay More for Client Deposits After ECB Increased Interest Rates.

Still, most Spanish lenders have so far opted not to pass on much of that increase to the rates they pay retail customers for deposits, one of the most popular options for savings in Spain. (Bloomberg) -- Spanish lenders have to start paying customers more for their savings and share what they've gained from higher interest rates, Economy Minister Nadia Calvino said. [Extracted from the article]

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