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ABN AMRO reduces base rate on savings account

Tom Belger | 07:20 Friday 16th June 2017

ABN AMRO has lowered the base rate on its savings account following interest rate movements on the money and capital markets.

The bank lowered the rate on its savings account by 0.05% on 15th June.

The interest on its popular capital savings account will be lowered to 0.35%.

Bonus interest will remain at 0.25% and the base rate will drop from 0.15% to 0.10%.

Interest on the direct savings account – from which funds can be withdrawn at any time – will be lowered from 0.20% to 0.15%.

ABN AMRO has already informed all its clients of the changes to the interest rates.

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