Why some economies are going negative on interest

When banks lend people money, the borrowers usually pay back the principle plus interest. While that has been the trend for centuries, some of the world’s greatest economies are turning this traditional practice on its head and instead rewarding borrowers, but then charging depositors who have huge deposits on their accounts in what has been termed as negative interest on loans.
Customers get services at one of the city banks. Customers in some Western nations are being rewarded for borrowing from banks. (File)
Customers get services at one of the city banks. Customers in some Western nations are being rewarded for borrowing from banks. (File)
Solomon Asaba