This statistic shows the overnight interest rates on non-financial corporation deposits in Belgium, Luxembourg and the Netherlands from January 2018 to April 2019. The interest rate in the Netherlands was -0.05 percent in June 2018. The monetary policy of the European Central Bank (ECB) maintains artificially low interest rates in an effort to increase inflation on the European continent. As a consequence, locking money away in a savings account becomes less lucrative. Despite that, the saving rate of households in the Netherlands is forecasted to increase by approximately 14.7 percent in 2019.
Overnight interest rates on non-financial corporation deposits in the Belgium, Luxembourg and the Netherlands from January 2018 to April 2019
(in percent per annum)
The source states that 'the bank interest rate statistics cover those rates that resident monetary financial institutions apply to euro-denominated deposits and loans by households and non-financial corporations that are residents of the euro area. These statistics are used for the analysis of monetary developments and the monetary transmission mechanism as well as for the monitoring of financial stability'.
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European Commission. (June 1, 2019). Overnight interest rates on non-financial corporation deposits in the Belgium, Luxembourg and the Netherlands from January 2018 to April 2019 (in percent per annum) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/591551/overnight-interest-rates-on-non-financial-corporation-deposits-in-benelux/
European Commission. "Overnight interest rates on non-financial corporation deposits in the Belgium, Luxembourg and the Netherlands from January 2018 to April 2019 (in percent per annum)." Chart. June 1, 2019. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/591551/overnight-interest-rates-on-non-financial-corporation-deposits-in-benelux/
European Commission. (2019). Overnight interest rates on non-financial corporation deposits in the Belgium, Luxembourg and the Netherlands from January 2018 to April 2019 (in percent per annum). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/591551/overnight-interest-rates-on-non-financial-corporation-deposits-in-benelux/
European Commission. "Overnight Interest Rates on Non-financial Corporation Deposits in The Belgium, Luxembourg and The Netherlands from January 2018 to April 2019 (in Percent per Annum)." Statista, Statista Inc., 1 Jun 2019, https://www.statista.com/statistics/591551/overnight-interest-rates-on-non-financial-corporation-deposits-in-benelux/
European Commission, Overnight interest rates on non-financial corporation deposits in the Belgium, Luxembourg and the Netherlands from January 2018 to April 2019 (in percent per annum) Statista, https://www.statista.com/statistics/591551/overnight-interest-rates-on-non-financial-corporation-deposits-in-benelux/ (last visited November 04, 2024)
Overnight interest rates on non-financial corporation deposits in the Belgium, Luxembourg and the Netherlands from January 2018 to April 2019 (in percent per annum) [Graph], European Commission, June 1, 2019. [Online]. Available: https://www.statista.com/statistics/591551/overnight-interest-rates-on-non-financial-corporation-deposits-in-benelux/
