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Italy , Thursday 15 October 2026

Credit Agricole offers fixed-term savings in Italy in bid to win clients

Published on: Wednesday 21 June 2023

Credit Agricole offers fixed-term savings in Italy in bid to win clients MILAN (Reuters) -The Italian arm of France's Credit Agricole has started offering fixed-term savings accounts to win new customers in its biggest foreign market, at a time when competition for cash among the country's lenders grows. Credit Agricole Italia is currently advertising an account paying 3.5% over 12 months, a rarity among high street banks in Italy where only digital lenders have been offering these type of time deposits to retain savers. Such accounts are common in France, where lenders are subject to government-imposed increases to the rates paid on the most popular type of savings.



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