Swedish Banks expected to raise various forms of fee as the crisis bites


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Monday, 12 September 2011
Almost every other Swede thinks the debt crisis will affect their private economy, according to a survey conducted by the online broker Nordnet.

Seventeen percent of respondents expect the crisis, for force banks to raises rates such as mortgage rates and related fees by 14 per cent. This is expected to make something such as mortgages to become more expensive.

"Investors see that both Swedish and foreign banks have a tough time and that these problems will ultimately be borne by savers," said Sweden manager, Jan Dinkelspiel in a statement.
By Team

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