Rabobank raises savings interest rate to 1.6%

Rabobank has raised its savings interest rate to 1.6%.

The change concerns savings accounts at the Dutch bank.

The available information does not say which accounts are affected or when the new rate takes effect.

It also gives no details about the previous rate or the reason for the increase.

A higher savings rate can mean more interest for customers whose accounts qualify.

The next steps for customers are not specified.