Bank of Valletta is launching a new, term deposit account denominated in Euro with an advantageous rate of interest of 3.25% per annum. The limited offer commences on Friday 20th March and will remain valid until the 9th April 2009, or earlier at the Bank’s discretion.

Starting from a minimum deposit amount of €5,000, the term account is spread over a 30-month period with interest paid on a monthly basis and capital guaranteed.

Charles Borg, Chief Officer Financial Markets and Investments at Bank of Valletta explained, “Following the outstanding response of customers to the term deposit account two months ago, Bank of Valletta constantly strives to offer new and supportive financial products for depositors. The new term deposit account is an efficient way to earn a highly attractive interest on your funds.. An added feature is that interest is paid monthly and is directly credited to your current or savings account”.

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