Swiss Economicblogs.org
Investec Switzerland. It’s a sign the world is getting used to negative interest rates when what once seemed bizarre starts looking like the norm. © Robyn Mackenzie | Dreamstime.com Consider Switzerland, where more and more companies are taking out insurance policies to protect their cash hoards from theft or damage. “Because of the low interest rate level, we note increasing demand for insurance solutions for the storage of cash,” said Philipp Surholt at Zurich Insurance...
Read More »Cash in a box catches on as Swiss negative rates bite
