Low interest rates depress savers
Sending...
11 September 2009
London – The last seven months have seen unprecedented low rates of interest, which are great for borrowers but make life hard for savers. Datamonitor’s Financial Services Consumer Insight survey revealed a trend of consumers wanting to shift their savings from long-term to short-term easy access, but this makes it even harder to find strong returns.
Notes to editors
Further Information
Will Mayne is available for comment
More information is available from the Datamonitor Group Media Team. Please contact Marie-Ange Nouroumby on +44 20 7675 7302 or mnouroumby@datamonitor.com.
For US, please contact Alan Sott on +1 570 687 9315.
For Asia-Pacific, please contact Denis Mason on +61 2 8705 6903.
About Datamonitor
Datamonitor is a leading provider of online database and analysis services for key industry sectors. We help our clients, 5000 of the world's leading companies, to address complex strategic issues. Through our proprietary databases and wealth of expertise, we provide clients with unbiased expert analysis and in-depth forecasts for seven industry sectors: Automotive, Consumer Markets, Energy, Financial Services, Pharmaceuticals and Healthcare, Technology, Transport and Logistics.
