HSBC Bank plc has announced that its ELDA Asia Opportunity structured deposit product, originally on sale until 1 March was closed one week early on Friday due to sustained customer demand.

The capital protected product, linked to indices in Malaysia, Hong Kong and Taiwan attracts a potential return of 6.50 per cent per annum on the amount deposited.

“Our structured products are an excellent way for customers to potentially earn additional return. In today’s unstable economic environment, the added safety of an investment with a fully guaranteed capital makes our ELDA and MTN products a very attractive proposition,” commented Paul Steel, Head of Retail Banking and Wealth Management for HSBC Malta.