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banks in japan do not pay interest is this true

This is a discussion on banks in japan do not pay interest is this true within the Banking forums, part of the Business Finance category; i have heard that banks in japan never pay interest, infact they charge you money to keep your money in ...


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Old 01-12-2007, 11:53 PM
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Default banks in japan do not pay interest is this true

i have heard that banks in japan never pay interest, infact they charge you money to keep your money in bank
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Old 01-28-2007, 01:00 PM
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Default Re: banks in japan do not pay interest is this true

its 0.25 % earlier it was 0.00 , recent government polices have hiked the rates to little more, good for people there.
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Old 01-28-2007, 02:04 PM
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Default Re: banks in japan do not pay interest is this true

This is something very sshocking, however there is one good thing, Government takes care most of the expenses of people in japan.
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Old 02-08-2007, 04:16 AM
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Default Re: banks in japan do not pay interest is this true

The only reason behind so less or no interest is to bring people to work... Unlike people who like to sit at home and earn from interest income... This should also be implemented in INDIA and then see the senario of Indian Industrial community... India will become the ECONOMICAL SUPER POWER ....
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