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- BOV launches a new 4.4% gross p.a. deposit opportunity
- HSBC announces a new deposit account with 4.3% interest
- HSBC announces launch of Equity Linked Deposit Account
- BOV sells over 11,000 retail starter kits in just five days
- Conversion of bank account balances on the 1st of January
- BOV Reports strong response to the Sale of Retail Starter Kits
- BOV Changes its Bank Base Rate in line with Central Bank
- BOV - The first Maltese bank to transact with the ECB
- BOV launches New Home Loan package for first-time buyers
- Central Bank of Malta reduces the central intervention rate
Bank of Valletta said today that the response to its 18-month euro term deposit account, featuring an advantageous rate of interest of 4.4% gross per annum, was excellent.
“Customers have responded well to the most attractive deposit opportunity that we launched last week,” said Charles Borg, Chief Officer, Financial Markets and Investments at Bank of Valletta. “We have put this product on the market so as to offer added value to our customers and to continue reinforcing our strategy of regularly introducing attractive deposit products that feature highly beneficial rates of interest,” added Mr. Borg.
Besides the interest rate of 4.4% gross p.a., payable every six months, the BOV deposit opportunity in euro also offers customer peace of mind since both the interest rate and the capital are fully guaranteed.
This account is the first new deposit opportunity that BOV launched this year, consolidating BOV’s position as the number one bank for customer deposits in Malta.
The Bank said that it will keep offering this product up to Friday, 29th February, 2008.
More details about BOV’s range of deposit opportunities can be obtained from any Bank of Valletta branch, by logging onto www.bov.com or by calling on 21312020.
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