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Savings Interest in FLC

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Vokial:
I am pretty sure that nearly after wipe the savings interst in Hub FLC that was 3%. Few days ago it was 2%. Today this is only 1%. Could someone explain me why it has been changed and why now it is so low savings interest?

gordulan:
people are storing money in the bank, more money in bank = lower interest rates...

Ymeogamaouas:
When you give a bank alot of money they tend to offer higher interest rates not lower.

If I go to a bank and give my 14k Euro for a savings acount they will give me 2-3% maybe 4% if I put them in a "closed" for 12 months account. If someone goes with 250k Euro he will get about 6-7% in a similar type of closed account.

gordulan:
the wasteland does not have an unlimited ammount of money, you should have seen how it was prewipe, a nearly permanent 0% interest rate... and balance issues, big gangs storing 78 mil in the banka nd getting a retrieval of 780K caps per day, and that's just with 1%...

Enzo:

--- Quote from: Ymeogamaouas on September 09, 2010, 03:07:50 pm ---When you give a bank alot of money they tend to offer higher interest rates not lower.

If I go to a bank and give my 14k Euro for a savings acount they will give me 2-3% maybe 4% if I put them in a "closed" for 12 months account. If someone goes with 250k Euro he will get about 6-7% in a similar type of closed account.

--- End quote ---

you said it... you deposit the money there and cant use it for some (quite long) period... it is not profitable for bank to give you big interest if you deposit the money for just short period, because only you make the profit from this... trust me, I work in bank :D

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