Interest rate 3,375 percent: Austrian Allianz wants to compete with banks
February 22nd, 2007 in Austrian Interest Rate
The Austrian Allianz group is usually known for insurances. But now the company want to compete with banks, and offer with its new product “Allianz Top Cash” an interest rate of 3,375 percent.
Allianz adjusts a new business strategy, and want to become the general price leader in assessments in Austria. “We offer the best conditions in the short term sector”, says Allianz chairman Dr. Wolfram Littich.
Investigations show a high need for own precaution in the next years. Allianz wants to offer the best service for assessments. “From the first Euro - to the last day. For daily available money, 3,375 percent interest rate”, confirms Littich.
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