On Tuesday evening, the TV show “The Debate” addressed the interest rate hikes that have hit Norwegians’ wallets in the past year.
– The bank manager is smiling while the customers are bleeding. Said former host and TV2 veteran Oddvar Stenstrøm, who launched the NRK program on Tuesday evening.
Stenström pointed out that the state owns more than 30 percent of DNB.
– More people have to defer payments and get rid of installments, houses are foreclosed, not enough food for everyone in the poor house queue, while others make great progress. Is that what we want? Stenstrom asked.
Read on
Norwegian bank customers lose billions a year due to “forgotten” details
Several guests appearing in the NRK studio give their views on the interest rate party.
– I feel almost sick from the food lines, said Martin Kohlberg, former secretary of the Labor Party.
Read on
Norwegian bank customers lose billions a year due to “forgotten” details
– Very serious
He fears that differences in society are increasing. He believes it conflicts with social democratic ideals.
– This is very serious for all of us.
DNB’s communications director also responded to Westerveld’s criticism.
– Half goes to society for DNB, Westerveld said and refers to dividends.
Read on
We are one of the richest countries in the world, but we behave as one of the poorest countries
– Mortgage limits have never been so low
– Are you under pressure to pay 19 billion in stock dividend? Kohlberg asked.
Westerveld pointed out that it was the state that determined the dividend. He also emphasized that it is important to have solid banks that make money in Norway – especially in difficult times.
Read on
Ina has reached the threshold of pain: – with her heart in her throat she sits for a while
He rejects the big interest rate party the media is talking about:
– We’ve never had mortgage margins this low. Banks’ earnings from mortgages have not fallen this much in 30 years, he said.
Read on
This year Christmas should start in October
– Banks live on that difference
Interest rate on deposits also became a topic. Fredrik Solvang stressed to DNB top management why the interest rate is only 2.5 percent for savings.
– Why is the deposit rate not equal to the loan rate?
– Because banks’ business models are simple. We take care of the money and return the interest. We lend to those in need. That difference is what banks make a living from, Westerveld said.
The plan also says that Sberbank 1 Hallingdall Valdres has abandoned recent interest rate hikes. Information director Tom Stavey believes that if all banks did, Norges Bank would have to raise interest rates further.
Regulate banks
There were politicians lined up to present possible solutions.
SV Top Kari Elizabeth Caskey wants to regulate banks to improve the competitive situation in the banking market. They regulate the relationship between deposit interest and loan interest.
– We can say that there can be maximum difference. I’m not saying it has to be like that. Banks will be allowed to make money, but less than today, Caskey said.
“Music geek. Coffee lover. Devoted food scholar. Web buff. Passionate internet guru.”
