Handelsbanken: Negative interest rates basically concern – CEO
2015-02-04 10:26
STOCKHOLM (SIX) Handelsbanken's outgoing CEO Pär Boman believe that negative interest rates in the economy of the foundation would be worrisome. "Basically, it's very worrisome if we get negative interest rates in extensively in Sweden. It signals to the public that one is in a precarious position, "says Pär Boman who believe that negative interest rates risk creating a caution in investment decisions. Too low interest rates can be counterproductive, he argues in connection with the presentation of the Bank Financial Report. Handelsbanken according to Pär Boman no plans to introduce negative interest rates on deposit accounts, even if interest rates would be negative. "We have no plans to offer negative deposit rates and I believe that it is extremely difficult to tell a customer that you should pay to have money in an account, "says Pär Boman. At current interest rates, the bank has no problem with t hat refrain from negative deposit rates. "We are prepared to go the right way," he adds. What would happen in a possible long-term scenario negative interest rates may be so, come back to, say Handelsbanken head simultaneously. Johan Lind +46 8586164 48 mailto: johan.lind@six-group.se www.blogg.six.seSIXNews SIX News
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