Citfin, spořitelní družstvo with effect from 1st March 2020 announces a negative interest rate for euro

Effective 1st March 2020, Citfin, spořitelní družstvo announces a negative interest rate on EUR balances in the Multi-Currency Account at -0,5 % p.a.
This negative interest applies only to euro balances in excess of or equal to EUR 300,000.

For euro balances below EUR 300,000, the interest rate remains unchanged at 0 % p.a.

Also the interest rate 0 % p.a. remains for other currencies.
Current announced interest rates of Citfin, spořitelní družstvo can be found here.