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HomeTagsSavings certificates

Tag: savings certificates

The government says there were “no concessions to the bank” by cutting the interest rate on savings certificates from 3.5% to 2.5%.

Secretary of State for Finance Joao Nuno Méndez ensured this Saturday that "the bank did not receive loans" by cutting the interest rate on savings certificates from 3.5% to 2.5%. Speaking to reporters, João Nuno Mendez explained that the decision to suspend the Series E savings certificates was not the result of pressure...
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