Finnish digital neobank opens in Sweden and raises the interest rates on fixed-term deposits to a new level

Press release EMBARGO ON THURSDAY 22 FEBRUARY at 09:00       Saldo Bank, which is starting its operations in Sweden, offers an interest rate of as much as 5% for a year's deposit. “We want to increase fairness in fixed-term deposits,” says Jarkko Mäensivu, the CEO of Saldo Bank.   The digital neobank with a Finnish background, Saldo Bank, will lift the interest rate competition of the fixed-term deposits to a new level in Sweden.   The bank will start operating in Sweden in February and offers interest rates of up to 5% on one year's fixed-term accounts.