Sweden Herald - Latest Sweden News | Thedéen criticizes big banks over savings interest rates by Sweden Herald
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Riksbank Governor Erik Thedéen criticised the major banks for raising variable mortgage rates while leaving savings rates unchanged, calling the practice hypocritical and harmful to confidence in the banking sector. He argued that if banks profit from higher interest rates, they should also raise the rates paid on deposits, and stressed that consistent market‑rate policies are needed to maintain trust in the financial system.
Read more: https://swedenherald.com/article/theden-criticizes-big-banks-over-savings-interest-rates
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