Bank of Valletta is launching two limited offer term deposit accounts denominated in Euro and Sterling. The Euro Term Deposit Account is a highly attractive term deposit account for 18 months with an interest rate of 4.25 per cent per annum paid semi-annually. The term account must have a minimum deposit amount of e5,000.

The Sterling Term Deposit Account is a 24-month term deposit account with an attractive interest rate of 4.50 per cent per annum paid annually. The term deposit account can be opened with a minimum amount of 5,000 Sterling.

These term deposit accounts offer a unique opportunity to customers to deposit their funds in capital guaranteed accounts with very attractive interest rates. This is a limited offer available from yesterday and will close on 6 December or earlier at the bank’s discretion.

Charles Borg, chief officer, financial markets and Investments at Bank of Valletta explained, “The Bank positioned itself throughout the past year as the ideal financial service provider in the local market with deposit accounts denominated in both local and foreign currencies, with highly attractive rates of interest that support our customers to achieve their financial objectives”.

The new Term Deposit Accounts issued by Bank of Valletta reaffirms the Bank’s position as a leader in deposit accounts with advantageous returns, offering a unique banking experience that distinguishes BOV as the Bank and Brand of choice for deposit accounts.