The latest addition to Bank of Valletta’s range of products is a new five-year callable deposit account denominated in US dollars. This new deposit is available for a limited offer period and provides depositors with an attractive return for the duration of their investment in a scenario of increasing USD rates.

Available from all BOV branches, the new deposit account offers a 100 per cent Capital Guarantee if held until maturity or early

termination by the Bank. It also offers attractive interest rates and payment of interest every quarter.

Over the first year, the account will pay a rate of interest of 4.00 per cent, over the second year, a rate of 4.10 per cent, over the third year, a rate of 4.25 per cent, over the fourth year, a rate of 4.50 per cent and a 5.00 per cent rate over the fifth and final year.

Gross interest payments are calculated at the above fixed rates and will be paid quarterly on the 18th of February, 18th May, 18th August and 18th November.

This is a limited offer that closes on 18 November, or earlier at the bank’s discretion. The start date of this deposit is 18 November and the maturity date is 18 November 2010. Minimum deposit required is of $10,000 with multiples of $1,000 thereafter.

Further information about the 5-Year Callable USD Deposit Account may be obtained from all Bank of Valletta branches in Malta and Gozo, by calling the BOV Wealth Management Division on 22753864 or from the Bank’s website www.bov.com