Bank of Valletta is launching a new six-year term deposit account denominated in euro. This BOV multi-asset class deposit account offers a guaranteed return of 100 per cent on the capital invested if the funds are held until maturity.

In addition, an annual fixed rate of interest, paid on each anniversary date, is guaranteed on 50 per cent of the deposit, while an attractive additional variable rate is being offered on the remaining 50 per cent. This variable rate is linked to the performance of four different asset classes linked to real estate, commodities, bonds and equities.

Deposits into the account can be made at a minimum of euro5,000 and multiples of euro1,000 thereafter. There are no charges for establishing a BOV multi-asset class deposit account. This offer is available for a limited time only, from tomorrow until 23 October, and may be closed earlier at the bank’s discretion.

Further details may be obtained from the product brochure which is available at any Bank of Valletta branch, by logging onto bov.com or by calling the Customer Service Centre on 2131 2020.