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- BOV reports excellent response to 4.4% deposit opportunity
- BOV launches Euro Term Deposit at 4.55% p.a.
- HSBC announces a new deposit account with 4.3% interest
- BOV increases its base rate to 4.25%
- BOV - The first Maltese bank to transact with the ECB
- Conversion of bank account balances on the 1st of January
- Central Bank of Malta reduces the central intervention rate
- BOV Changes its Bank Base Rate in line with Central Bank
- HSBC announces launch of Equity Linked Deposit Account
- BOV Reports strong response to the Sale of Retail Starter Kits
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Bank of Valletta has launched a new 18-month euro term deposit account, featuring an attractive rate of interest of 4.4% gross per annum. “We are once again launching another attractive deposit opportunity featuring a very attractive rate of interest,” said Charles Borg, Chief Officer responsible for Financial Markets and Investments at Bank of Valletta.
“Besides a great headline interest rate of 4.4% gross p.a., payable every six months, this new deposit opportunity in euro offers depositors an attractive return coupled with total peace of mind since both the interest rate and the capital are guaranteed,” added Mr. Borg. The new BOV 18-month Euro Term Deposit can be opened with a minimum balance of €1,000. Interest is paid every six months.
Mr. Borg said that the new attractive deposit opportunity being launched by Bank of Valletta is set to continue to consolidate BOV’s position as the number one bank for customer deposits in Malta. “Over the past year, Bank of Valletta was very active in the market and has launched a number of attractive deposit opportunities, all of which were extremely well received by the general public. This 4.4% gross p.a. 18 month euro term deposit account is the first new deposit opportunity that BOV is launching this year and we are confident that, as has been the case in the past, the market will respond positively to this attractive offer that we are making available,” concluded Mr. Borg.
Full details and terms and conditions may be obtained from any Bank of Valletta branch, by logging onto www.bov.com... or by calling the BOV Customer Service Centre on 2131 2020.
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