Through the example of the Ministry of Finance, by increasing the interest rates on bonds, we will lead to an even greater increase in interest rates on deposits and deposits, believes Prime Minister Mateusz Morawiecki.
“I believe that through this good example shown by the Ministry of Finance and raising the interest rate on bonds, we will also lead to an even greater increase in interest rates on deposits and deposits,” Morawiecki said during a press conference.
He recalled that he had asked the presidents of banks to start increasing interest rates on deposits, deposits and current accounts.
“And I still call them to do so. Some financial institutions have followed my appeal, these interest rates are no longer 0.1 or 1%, but higher. But is it sufficient at this level of inflation? All the time not. And that is why the Polish state shows savings possibilities here, investment opportunities for Poles that protect against inflation “- he emphasized.
He recalled that the government presented an offer of anti-inflation bonds.
“We have proposed such bonds that are already available, you do not have to wait for them […] We are expanding the distribution network in order, on the one hand, to maintain the principles of the free market and not to force banks to make any price changes – because price inference is always an interference a double-edged sword – but on the other hand, to stimulate this growth. And it is happening more and more,” he indicated.
The Ministry of Finance is to present details of the new retail bond offer on May 25. As announced, these will be bonds with a maturity of 1 and 2 years, based on the NBP reference rate.
Source: ISBnews
