31.8.2023

Netherlands Deposit Market Overview: August 2023

4 min read

The Netherlands Deposit Market Overview for August 2023 provides a comprehensive analysis of the current trends and developments in the Dutch deposit market. This report offers insights into interest rates, savings products, and investment opportunities available to consumers.

Over the past year, bank interest rates have surged in response to the upward trajectory of inflation. At PickTheBank, we meticulously monitor interest rate trends across Europe. Our observation allows us to present you with the most captivating rates in the market. Today, our focal point centers on interest rates in the Netherlands.

Based on the official statistics released by the ECB, the average interest rate on annual deposits in the Netherlands rose to 2.65% last month, indicating a notable increase from the previous month's 2.48%. It's worth highlighting that the highest 1-year EUR deposit interest rate attainable in the market experienced an ascent to 3.35%, contrasting with the previous month's 2.85%. For non-subordinated euro deposits of varying terms, the maximum interest rate in the Netherlands elevated to 3.50%, exceeding the previous month's 3.05%.

Through our review, we conducted an analysis of the fixed-term deposit interest rates provided by 10 Dutch banks. Within our extensive compilation of Netherlandia deposits, you'll encounter a varied selection of 170 products. Here are some of the finest:

🔥Top 5 12-Month Ordinary EUR Deposit Rates

Interest rate	Bank	Currency	Term
3.35%	Yapi Kredi Bank Nederland N.V.	EUR	12 mths	More ->
3.20%	Anadolubank Nederland N.V.	EUR	12 mths	More ->
2.95%	Svenska Handelsbanken AB (publ) Nederland	EUR	12 mths	More ->
2.80%	Credit Europe Bank N.V.	EUR	12 mths	More ->
2.60%	Argenta Spaarbank N.V.	EUR	12 mths	More ->

🔥Top 5 24-Month Ordinary EUR Deposit Rates

Interest rate	Bank	Currency	Term
3.50%	Yapi Kredi Bank Nederland N.V.	EUR	24 mths	More ->
3.45%	Yapi Kredi Bank Nederland N.V.	EUR	24 mths	More ->
3.20%	Anadolubank Nederland N.V.	EUR	24 mths	More ->
2.90%	Credit Europe Bank N.V.	EUR	24 mths	More ->
2.80%	Argenta Spaarbank N.V.	EUR	24 mths	More ->

🔥Top 5 36-Month Ordinary EUR Deposit Rates

Interest rate	Bank	Currency	Term
3.35%	Yapi Kredi Bank Nederland N.V.	EUR	36 mths	More ->
3.30%	Yapi Kredi Bank Nederland N.V.	EUR	36 mths	More ->
2.90%	Anadolubank Nederland N.V.	EUR	36 mths	More ->
2.90%	Credit Europe Bank N.V.	EUR	36 mths	More ->
2.90%	Argenta Spaarbank N.V.	EUR	36 mths	More ->

🔥Top EUR Deposit Rates

Interest rate	Bank	Currency	Term
3.50%	Yapi Kredi Bank Nederland N.V.	EUR	24 mths	More ->
3.45%	Yapi Kredi Bank Nederland N.V.	EUR	24 mths	More ->
3.40%	Yapi Kredi Bank Nederland N.V.	EUR	60 mths	More ->
3.35%	Yapi Kredi Bank Nederland N.V.	EUR	12 mths	More ->
3.30%	Yapi Kredi Bank Nederland N.V.	EUR	36 mths	More ->

🔥Top US Dollar Deposit Rates

Interest rate	Bank	Currency	Term
3.50%	Yapi Kredi Bank Nederland N.V.	USD	24 mths	More ->
3.00%	Yapi Kredi Bank Nederland N.V.	USD	12 mths	More ->
3.00%	Yapi Kredi Bank Nederland N.V.	USD	6 mths	More ->
3.00%	Yapi Kredi Bank Nederland N.V.	USD	3 mths	More ->
2.00%	Yapi Kredi Bank Nederland N.V.	USD	1 mths	More ->

🔥Top GBP Deposit Rates

Interest rate	Bank	Currency	Term
2.50%	Yapi Kredi Bank Nederland N.V.	GBP	12 mths	More ->

Our extensive database provides valuable insights into deposit rates from over 1000 banks across 25 European countries, featuring more than 15,000 diverse products. Explore the intricacies of the European deposit market on our website. Please note that interest rates are indicated before taxation and without factoring in different interest payment frequencies. We highly recommend confirming the latest rates and conditions with the bank before making a final decision.

For comprehensive deposit rate information in the Netherlands and other European countries, visit: PickTheBank.eu