Appenzeller Kantonalbank will lower interest rates on various accounts effective December 1, 2024, following a 0.25 percentage point cut by the SNB. Savings accounts will see a reduction of 0.20%, while children, young people, and students will receive 0.70% on their accounts, down from 0.90%. Other accounts, including savings 3 and vested benefits, will experience decreases of 0.10% and 0.05%, respectively.