After recently revising its interest rates, HSBC is once again improving rates for new customer term deposits for a limited period which expires on 10 July 2006.

The improved rates relate to four different term deposits: 9 months, 1 year, 18 months or 2 years.

The applicable interest rates on these accounts are 3.50%, 3.70%, 3.75% and 3.85% respectively.

“HSBC is further improving its credit interest rate offer to depositors, offering the widest range of term deposits available in Malta, and representing the highest interest rates available in the related bands.

HSBC remains committed to offer choice and value as these are considered to be important for customers. These new rates will prove popular with savers who will recognise HSBC for its leading role in improving returns for savers.” said HSBC’s Head of Personal Financial Services, Mr Godfrey Swain.

More information on HSBC’s term deposit accounts is available from any HSBC branch, by calling 2380-2380 or by visiting the website www.hsbc.com.mt