The German branch of ING does not exclude the possibility that its customers pay interest on their savings in the future. The head of the consumer bank said that to the German economic magazine WirtschaftsWoche. However, this is not yet the case.

ING has 9.5 million customers in Germany, making it the largest online bank in the country. The bank already restricted the free checking account in the country and abolished an interest bonus for new customers.

In the Netherlands, ING has already announced a negative interest rate for customers with more than 1 million euros in their account. Customers with a credit of more than a tonne no longer receive interest, but do not have to pay yet. Smaller savers receive 0.01 percent interest on their credit.

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