UniCredit 6th Bank in Slovenia to Introduce Fee for High Deposits

By , 06 Jan 2022, 11:49 AM Business
UniCredit 6th Bank in Slovenia to Introduce Fee for High Deposits pxfuel.com CC-by-0

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STA, 6 January 2022 - UniCredit Banka Slovenija will join the five banks in Slovenia that have already introduced a fee on high deposits for individuals. The bank announced on Thursday that it will introduce it for all physical persons whose deposits exceed EUR 100,000.

The first to introduce the fee in April 2021 were market leader NLB and SKB, which were followed by NKBM, Addiko Bank, and Delavska Hranilnica.

The five banks' total assets represent over 60% of Slovenia's banking market.

At all these banks, deposits of over EUR 100,000 are subject to the charge, which at most of the banks stands at 0.04%.

Eurozone banks increasingly opted for this measure last year due to extremely low interest rates and high liquidity, after first imposing it on legal persons.

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