The Traderszone Network

Published in TZ Latest News 31 December, 2014 by The TZ Newswire Staff

Forget Toasters & Spiderman Towels, Chinese Banks Lure New Deposits With iPhones & Mercedes

Amid the European crisis in 2012, European banks reached deep deep down to encourage depositors to lodge their savings in these highly levered financial institutions. Most notably, now defunct Bankia, which offered no lesser gift than a Spiderman Towel in exchange for a EUR300 deposit.

read more