Northmill Bank broadens its savings offering
- Introduces fixed-rate savings account with state-provided deposit insuranceStockholm 7 July 2020: The Swedish tech bank Northmill that helps people to improve their financial lives, strengthens its offering within savings by introducing its first fixed-rate savings account. The account has a 1.15 percent annual interest rate with a fixed period of twelve months. Earlier this year, Northmill launched a savings account with a variable interest rate of, at date, 0.95 percent, free withdrawals and state-provided deposit insurance.
Hikmet Ego, CEO