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Home // News & Media // Our CEO, Paul Denton, spoke to the Herald about higher interest rates
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Press

Higher interest rates are here to stay, Scottish Building Society declares

17 Jan 2023 Written by: Scottish Building Society

Our CEO, Paul Denton, recently spoke with The Herald to discuss rising interest rates and how this will continue to impact mortgage holders and savers.

In a time where such rates continue to change, Scottish Building Society is here to help members ensure that their savings are in the right place and that they're working hard for them. Paul explained:

“This is not a Covid exit. This is not a blip that will go in six months. This is us returning to a normal level of interest rates and consumer behaviour needs to adjust to a new normal, rather than hoping that this is a blip. That for me, is an education piece with colleagues, with customers and with partners.”

Read the full article at: The Herald

 

 

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