New product from Nykredit targets deposits with negative interest rates

A few months into a soft launch, Nykredit is seeing an effect from a new savings product that targets retail banking clients who until now have chosen to stick to their banking deposits with negative interest rates.
Peter Kjærgaard, head of Nykredit Wealth Management. | Photo: PR/Nykredit
Peter Kjærgaard, head of Nykredit Wealth Management. | Photo: PR/Nykredit

At the end of 2021, Nykredit and subsidiary Sparinvest launched a new savings product aimed at retail clients with a particular focus on those who have so far not chosen to convert their free deposits with negative interest rates to investments.

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