Following the resounding success of past issues, HSBC Bank Malta has introduced the fourth issue of the popular annual income deposit account (AIDA).

The five-year term AIDA continues to be a very popular product, which, besides offering security of capital, gives customers the opportunity to receive an attractive annual income on half the capital, together with participation in the potential growth of selected share indices on the other half.

Deposits are denominated in Maltese liri, pound sterling and US dollar, with a minimum deposits of Lm2,000, £3,000 or $4,000.

This AIDA issue comes in four options with guaranteed gross annual interest ranging from 4.10 per cent to 6.25 per cent per cent per annum on half the deposit. Gross guaranteed minimum return over five years ranging from 2.05 per cent to 3.125 per cent on the total balance.

The element of participation in the growth of share indices ranges from 30 per cent to 50 per cent and is linked to the second half of the deposit. Participation growth, if any, is paid out at the end of year five, together with the original capital.

The selected indices are the FTSE European Public Retail Estate Index, (a European property based option included in the AIDA product) and a Composite Index made up of equal parts of the Hang Seng China Enterprise Index and Nikkei 225. Your return on the percentage gain will depend on your choice of account. No returns will be paid on the second half of your deposit if there is no growth in the share index.

Closing date of this limited issue is 7 May. However, in the case of over-subscription, HSBC reserves the right to withdraw the offer at any time prior to the closing date.

For more information about AIDA contact Customer Service on 2380 2380, visit HSBC’s website at the address www.hsbc.com.mt or call at any HSBC branch in Malta and Gozo.