While the fees charged by banks on the exchange Mortgages and loans are going upThe interest on current accounts (that is, the money we lend to banks) is maintained nailed to zero. Even worse. Management costs increase. According to the Observatory reports Compare Conti.it and SOStariffe.it and newspaper reports Print, In 2022 the cost of computing has increased on average 8% with an additional disbursement for each account holder of 132 EUR. The surcharge counts for a little bit of everything, from simple account management, Withdrawal and bank transfer counter. The increases are particularly noticeable for online accounts, In some cases it comes 26% increases Although these products have originally been presented on the market demanding favorable cost conditions. Online accounts are still cheaper than traditional accounts, but the gap is narrowing
The banks, some defend themselves by invoking inflation, and others ignore the cost of maintaining active branches in an area with fewer customers. The fact is that, meanwhile, the prices charged to customers who ask for money are constantly increasing. Second bank of italy Mortgage rates including incremental costs (Global Effective Annual Rate, Taeg) increased in November at 3.55% compared to 3.23% in October. New payment rates for Consumer credit rises to 9.25% (8.93 in the previous month). The interest rate on new loans to non-financial companies was 2.94 percent (2.54 the previous month).
Normal dynamics since last July The European Central Bank has begun to raise the cost of money (Basically, the interest that banks pay for lending money held at the European Central Bank to each other) This has a cascading effect on all types of funding. In recent years, ECB rates have gone into negative territory (Banks were basically being paid to take the money) and in some countries, especially North EuropeThis situation has led some entities to offer mortgages to clients at negative rates (a final amount lower than the requested loan was made). right now Things change Back to normal, the banks noticed that their customers did not.