BoV 4.2% limited offer term deposit account sold out

Bank of Valletta last week said the 4.2% term deposit limited offer that opened on February 5 was sold out in just five working days. "The response from the market was outstanding and the limited offer was a sell-out by Friday morning," announced Tonio Depasquale, BoV's chief executive officer.

"We are delighted that this attractive product was extremely well received, with customers responding well to this unique deposit opportunity."

BoV is the brand of choice for deposits, he added. "Bank of Valletta has a strong reputation of offering attractive deposit products to its customers and is the market leader in this area. We offer a full range of attractive deposit opportunities that we are recommending for the consideration of those who have extra amounts of cash lying idle.

"By opening a Maltese lira deposit account today, one would be ensuring automatic conversion of this money to euro on e-day since all bank accounts will be automatically converted to the new currency once Malta joins the euro. From our end, we will continue to offer a wide range of deposit opportunities to our customers and to come up with added-value products such as the 4.2% term deposit that proved to be so popular with the Maltese saver."

More details on the deposit opportunities offered by BoV can be obtained from its branches, by visiting bov.com or calling the BoV Customer Service Centre on 2131-2020.