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Monthly Archives: October 2020

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Negative_interest_rates

Surplus cash to spare? Stay away from the banks!

Pensions, Savings and InvestmentsBy Jo RyanOctober 27, 2020Leave a comment

‘In the first seven months of 2020 (Irish) households saved €9.8 billion. This is €5.5 billion more than in 2019 and €7.3 billion more than during the corresponding period in 2018’* Yes, you did read this right. Almost €10 billion went into Irish banks in 7 months and that figure will finish well in excess of the…

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