What is a bank interest rate?
A Bank interest rate may refer to two things with respect to
banking functions.
a. Deposit Interest Rate - This is the rate the banks offer to
their customers for depositing money with the bank
b. Loan Interest Rate - This is the rate of interest banks
charge the customers who wish to borrow money from them through
loans.
Both rates will differ from bank to bank
Related Q&A：
How is Swiss bank interest rate？Well, you know, the Swiss bank interest rate can be a bit tricky to pin down. It fluctuates a lot depending on various factors like the global economic situation, monetary policies, and market conditions. Generally speaking, it's not always super high or super low. Sometimes it might be decent, but other times it could be rather modest. It's something that requires keeping an eye on and staying updated with the latest financial news and analyses. Oh, and it also varies from one bank to another in Switzerland. So, it's not a straightforward thing to give a definite answer!
