@kcimbyrne @CWeston_Indo The Irish  banks hold deposits of you and me. They are currently getting negative rates on these deposits through the ECB and through negative yielding bonds.
They are literally losing money because they hold our deposits.
But sure it's all the banks. Probably caused corona too.
@kcimbyrne @CWeston_Indo The Irish banks hold deposits of you and me. They are currently getting negative rates on deposits thesis through the ECB and through negative yielding bonds.
They are literally losing money Because They hold our deposits.
But sure it's all the banks. Probably Caused corona too.
Irish, financial services, Rugby obsessive, road cycling enthusiast, dabble in broadening my understanding in economics,
Law graduate Leiden Uni (NL).
Irish, financial services, Rugby obsessive, road cycling enthusiast, dabble in broadening my understanding of economics,
Law graduate Uni Leiden (NL).