Danish FSA concerned about investment spike due to negative rates

Negative deposit interest rates are igniting the investment market, and that worries comparison platform Mybanker and the Danish FSA.

Denmark's Finance minister Simon Kollerup wants more focus on the advice given by banks when it comes to negative rates. | Photo: Jens Dresling

Negative deposit interest rates at banks are leading to stock market trading, Danish daily Politiken reports.

In a Danish study, 43 percent of participants stated that avoiding negative interest rates on their deposits was their motivation to invest their savings. The study was conducted by consultancy and analysis company Moos Bjerre and data provider Norstat Danmark.

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