HSBC Bank plc has announced that its ELDA Emerging Markets Indices II structured deposit product, originally on sale until 13 August will be closed early due to sustained customer demand.

This capital protected product, linked to indices in Brazil, Hong Kong, Taiwan and Russia attracts a guaranteed return of at least one per cent per annum with a potential maximum return of six per cent per year on the amount deposited. The last day of sale was yesterday.

“HSBC has been issuing structured solutions for retail customers in Malta since 2006 and continues to leverage its Global Research team in London to offer Maltese customers world level banking expertise,” said Andy Ripley, Head of Retail Banking. “We thank all our customers for their trust and continued support.”