Lenders have been coming under growing pressure to funnel through the benefits of European Central Bank interest rate increases over recent months to those with savings.
Susan Russell, CEO Retail Ireland, Bank of Ireland said: "Since the ECB started to increase rates last year, we have made a number of improvements to our savings products.
The bank is making changes to a number of accounts, including its SuperSaver, MortageSaver and Regular Saver which will come into effect on Friday, September 8.

Bank set to increase its saving rates

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