Swedbank invests EUR3 million in Meniga
Swedbank has invested EUR3 million in personal finance and data aggregation platform Meniga, as it begins the roll out of the firm's technology to customers in Sweden and the Baltic countries.
S. Korean company Lotte to invest more than 43 bil. U.S. dollars to create job opportunities
경영복귀 신동빈 롯데, 5년간 50조원 투자•7만명 고용
Lotte Group, one of South Korea’s largest conglomerates, announced it will invest more than forty-three-billion U.S. dollars over the next five years… and hire seventy-thousand new staff as part of its restructuring efforts.
This statement comes after Lotte’s chairman Shin Dong-bin returned to his post after serving 8 months in prison for embezzlement and tax evasion.
More than ten-billion dollars will be invested next year.
Some of it will be spent on the distribution industry to strengthen the company’s online business.
Lotte also plans to hire some thirteen-thousand people in 2019.
That’s ten-percent more than this year.
Most of the new employees will be assigned to the e-Commerce department.
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Best Savings Account In Canada 2023 | EQ Bank High Interest Savings Account Review
In this video, we take a look at the new interest rate offers by the EQ Bank Savings Account, and discuss why this account is now the best bank account in Canada in 2023. We also look at all the other major banks in Canada and their best high interest savings accounts in order to see how they compare against the EQ Bank account.
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A couple of months ago I made a video about the best savings account in Canada 2022 when Neo Financial increased the interest rate of their account to 2.25%, which at the time was the highest interest rate of any bank account across Canada. This remained the case, until just recently when EQ Bank announced that they are going to offer 2.5% interest on their savings account, which now makes the EQ Bank Savings account the best bank account in Canada 2022.
In this video, we will follow up an EQ Bank review 2023 with a look at the best savings account of every major bank in Canada, and compare them to the EQ Bank Savings account. Therefore if you have one of these accounts, you will be able to observe the differences between the accounts, and discover why the EQ Bank high interest savings account is the best savings account in Canada 2023.
We first take a look at the BMO Savings Builder Account, which offers a base interest rate of 0.5%, as well as an additional 1.4% if you increase the balance of your account by at least $200 every months. Although it is nice to have ab incentive for saving on a regular basis, this interest structure is unnecessary and inconvenient, specially when compared to the eq bank account Canada which offers a straightforward 2.5% interest rate. As a result, there is no reason to opt for the BMO account instead of the
The next account we look at is the RBC High Interest eSavings Account, which for the first 3 months, offers a generous 4% interest rate. After the first 90 days, the interest rate drops to only 1.1%, which is less than half of what the EQ Savings Account is offering. So even though this account is wonderful for the first 3 months, it falls incredibly short in comparison with the EQ Savings Account after the first 90 days.
Next up is the TD ePremium Savings Account, which offers no interest on the first $10,000 in your account, and then offers a 1.25% interest rate on the rest of your balance. This is a very odd payment structure, but the truth is, even if TD offered the 1.25% interest on your entire balance, it would still be only half of what you can get from the EQ Bank account 2023.
Next is the CIBC eAdvantage Savings Account, which offers a 1.25% base interest rate, although it will go up to 2% as long as you increase the balance in your account by at least $200 every month. As well as this, you will receive an additional 2.25% interest in the first 4 months, for a max total of 4.25%. This account is actually not too bad, and given that you get somewhere between 1.25-2% interest after the first 4 months, it doesn’t fall too short of the EQ Bank Savings Account. If you live in Quebec, where EQ Bank is not available as of yet, then this account is likely the best option for you.
Last but not least we have the Scotiabank Momentum PLUS Savings Account, which offers a base interest rate of 1.35%. You will also receive an additional 1.7% for the first 5 months, and if you lock in your deposit for a year, Scotiabank will also offer an additional 1.1% for the first 5 months alone. Also if you opt for the Scotiabank Ultimate Package which includes the chequing account and a credit card, you will also receive another additional 0.1%. All in all, you can get a maximum of 4.25% for the first 5 months, and a maximum of 1.45% afterwards. Once again, EQ Bank offers much higher rates after the first 5 months.
Overall, this EQ Bank savings account review demonstrates the jaw dropping gap between what the major banks offer, and what the EQ Bank Savings Account 2023 offers. The EQ Bank Savings Account review thus concludes with a plea to every Canadian to take advantage of this amazing, and completely free to own account as soon as possible. This will be a great wealth building tool for every Canadian, and you will be able to earn the highest possible interest rate on your money as you save for the future.
0:00 Intro – EQ Bank Savings Account
2:30 BMO Savings Builder Account
3:48 RBC High Interest eSavings Account
4:50 TD ePremium Savings Account
5:52 CIBC eAdvantage Savings Account
7:12 Scotiabank Momentum PLUS Savings Account
8:33 Motive Financial Savings Account
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#EIB60: EU:s bank i Sverige
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Meet the Giants #5: Swedbank – ESG, Sustainable Finance & Big Data
For the fifth edition of “Meet the Giants”, Plan A hosted European Banking Leader Swedbank. Hear from Fredrik Nilzén, Head of Sustainability at Swedbank. He shares his experience in leading a successful sustainability strategy within the banking and investment sector while giving insights on ESG and the use of big data to ensure a more sustainable economy and future.
Are you more of a reading person? Find the full transcript of the event here: https://plana.earth/academy/banking-sustainability-fireside-chat-swedbank-fredrik-nilzen/
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Learn about climate change and its solutions: https://www.plana.earth/academy