The Malta Independent 2 June 2023, Friday
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New beneficial rates for BNF Bank’s term deposit

Wednesday, 22 March 2023, 15:35 Last update: about 3 months ago

BNF Bank has launched new beneficial rates for its existing term deposit account. With an attractive 2.00% on a 1-year fixed term deposit, 2.30% on a 2-year fixed term deposit and 2.55% on a 3-year term, new and existing clients are able to deposit their hard-earned savings today to earn more for tomorrow. These new rates strike an excellent balance between significant rates of return and relatively short terms. Rates are per annum in euro, gross of tax.


Anthony Caruana, Head of BNF Bank's Product Strategy Unit said: "This campaign offers competitive interest rates reflecting rising interest rates around the globe. Term deposits interest rates offered by the Bank have more than doubled over the past six months, for 1, 2, and 3-year term deposits. Term Deposits offer security to customers during a period of high volatility across financial markets. This advantageous offering will meet the needs of our clients who wish to earn a guaranteed return on their money."

BNF Bank remains consistent in its commitment towards its loyal client base, putting them at the centre of all operations, whilst strengthening personal and meaningful relationships with them. Coupled with the Bank's omnichannel strategy and the service excellence BNF is renowned for, securing this offer and its guaranteed interest return is straightforward. It is on the back of this that BNF cliched The Banker's Bank of the Year Award for the third year running.

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