The three major Dutch banks keep interest on savings accounts low

The savings interest rates at the three major Dutch banks, ABN Amro, ING Bank, and Rabobank, are too low due to a lack of competition, says the regulator Authority for Consumers & Markets (ACM). The ACM has no evidence of collusion, but it considers it likely that there is 'tacit coordination'.

The full article (Dutch only) can be read here.

Source: RTL Nieuws, translation by ChatGPT