Depositors are next as Nordic banks buckle under negative rates
In Scandinavia sub-zero rates have been the norm longer than most other places. So far banks haven’t passed negative rates on to private customer. Key investors may not accept that approach much longer. Sampo Oyj, the Finnish holding company that owns about 20% of Nordea Bank Abp, says it is high time attitudes change on the subject.

11 August 2019

Bloomberg