The Bank of Valletta is launching two limited offer term deposit accounts denominated in euro and sterling. The euro term deposit account is a highly attractive term deposit account for 18 months with an interest rate of 4.25% per annum paid semi-annually. The term account must have a minimum deposit amount of €5,000.

The sterling term deposit account is a 24 month term deposit account with an attractive interest rate of 4.50% per annum paid annually. The term deposit account can be opened with a minimum amount of 5,000 sterling.

These term deposit accounts offer a unique opportunity to customers to deposit their funds in capital guaranteed accounts with very attractive interest rates. This is limited offer available from the 21st of November 2008 and will close on the 6th of December 2008, or earlier at the bank’s discretion.

Charles Borg, Chief Officer, Financial Markets and Investments at Bank of Valletta explained, “the bank positioned itself throughout the past year as the ideal financial service provider in the local market with deposit accounts denominated in both local and foreign currencies, with highly attractive rates of interest that support our customers to achieve their financial objectives.”