Fifth issue of deposit account

HSBC has launched the fifth issue of the Annual Income Deposit Account (AIDA).

This account offers security of capital, giving customers the added opportunity to receive an annual income on half the capital. The five-year term AIDA offers participation in the potential growth of selected share indices on the other half.

This AIDA issue comes in two options with guaranteed gross annual interest ranging from 4.20 per cent to 5.25 per cent per annum on half the deposit. Deposits are denominated in liri, with a minimum deposit of Lm2,000.

The element of participation in the growth of share indices ranges from 30 to 50 per cent and is linked to the second half of the deposit. Participation growth, if any, is paid out at the end of year five, together with the original capital.

The closing date of this limited issue is July 21, but in the case of over-subscription, the reserves the right to withdraw the offer at any time prior to the closing date.

For more information contact Customer Service on 2380 2380, visit www.hsbc.com.mt or call at any the bank's branches.