KBC (i.e KBC Bank, KBC Brussels, CBC) decided - as a result of the persistently rising market interest rates and planned interest rate increases by the European Central Bank - to stop charging negative interest for legal entities and companies from 1 September 2022.

KBC will inform the customers concerned individually.

Nothing will change for private individuals. KBC has never charged negative interest on deposits/regulated savings accounts of private individuals. KBC customers receive 0.01% Base Rate and 0.10% Fidelity Premium on their private regulated savings account.

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KBC Group NV published this content on 27 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2022 14:04:05 UTC.