APS Bank reduces Bank Rate
Malta Independent
Friday, 27 June 2014, 20:15
Last update: about 13 years ago
Following the European Central Bank’s recent cut in its main refinancing rate by 0.10%, APS Bank is reducing its own Base Rate accordingly.
With effect from 1st July, 2014 the Bank’s Base Rate will go down from 2.35% to 2.25% and this will benefit all its borrowers, both commercial and personal.
This Base Rate reduction together with competitive interest rates offered on its Biz Plus Products are expected to prove of particular support to the business sector.
For the time being APS Bank will be leaving all its deposit interest rates unchanged.
Full details on
www.apsbank.com.mt