Izola Bank Limited is now offering a one-year euro term deposit account with an interest rate of 3.75 per cent per annum.

Established in 1994, Izola Bank Limited mainly provides corporate banking services from Malta to European customers. Izola Bank is also offering a five-year euro term deposit account with an interest rate of 4.25 per cent per annum.

A minimum deposit of e10,000 is required for all term accounts opened.

Izola Bank Limited, a licensed credit institution, is regulated by the Malta Financial Services Authority and is a participant in the Depositor Compensation Scheme. Customer deposits are guaranteed by the Scheme up to a maximum of e100,000 per person.