BoV deposit opportunity

Bank of Valletta has launched an 18-month euro-term deposit account with a 4.4% gross per annum interest rate.

The euro term deposit can be opened with a minimum balance of €1,000. Interest is paid every six months.

Charles Borg, chief officer responsible for Financial Markets and Investments, explained that the new attractive deposit opportunity is set to continue to consolidate BoV's position as the prime bank for customer deposits in Malta.

"This 4.4% gross p.a. 18-month euro-term deposit account is the first new deposit opportunity that BoV is launching this year and we are confident that, as has been the case in the past, the market will respond positively to this attractive offer," concluded Mr Borg.

For more information call at any Bank of Valletta branch, visit www.bov.com or contact the BoV customer service centre on 2131 2020.