The deposit rate it pays to Banks on their excess cash is one percentage point below its policy rate, and provides a floor for overnight interest rates.

欧洲央行提供给商业银行的存款利率低于其政策利率1个百分点，并提供了一个隔夜利率的最低额。

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It pays interest on the deposit and it collects interest on the loans and it charges a higher interest on the loan than they pay on the deposit.

银行付给存款人利息，同时收取贷款利息，贷款的利息较高，支付给存款人的利息较低。

youdao

It pays interest on the deposit and it collects interest on the loans and it charges a higher interest on the loan than they pay on the deposit.

银行付给存款人利息,同时收取贷款利息,贷款的利息较高,支付给存款人的利息较低

耶鲁公开课 - 金融市场课程节选

The main problem is a narrowing spread between home mortgage rates the bank collects and deposit rates it pays.

FORBES: Safe Deposit

For example, the ECB has a deposit facility that pays interest to banks, an emergency marginal lending facility for overnight borrowing and a weekly refinancing operation in which it lends money to banks.

FORBES: Is the Fed Going to Go Bust?