Bank of Valletta is launching a 36-month term deposit account denominated in Australian dollars (AUD). This new Australian dollar term deposit account pays a competitive interest rate of 5.5 per cent per annum with interest payments being effected annually. Customers can open an account with a minimum deposit of AUD5,000. The limited offer commenced on Thursday, 9 September 2010 and will remain open until Friday, 24 September 2010, or earlier at the Bank’s discretion.

Speaking about this new product, Charles Borg, Chief Officer Financial Markets and Investments said, “We are once again launching another attractive deposit product, this time in Australian dollar. This continues to strengthen our commitment to all our customers in giving them very attractive offers.”

For further information on the AUD limited offer customers are kindly asked to either call at any of the BOV branches or call BOV’s Customer Service Centre on 2131-2020. Further information can be obtained from the BOV website www.bov.com