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High Interest Rates: The Ripple Effect on Banks, Consumers, and Digital Banking

Updated: Mar 20, 2023

As we enter 2023, the financial landscape in the EU and UK continues to be shaped by the COVID-19 pandemic. In this blog, we'll explore the current situation of Digital Banking brands, profitable businesses, and high-interest rates on savings that have become the norm, making consumers to save and earn a return on their deposits, high-interest rates in lending and examine examples of how banks and fintech companies are adapting to the current conditions.

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