Banif Bank has launched another deposit opportunity - the Banif Christmas Term Deposit, an account denominated in euro with two different term options. Clients can opt for a 12-month term deposit at 3.25 per cent gross per annum or a six-month term deposit paying 3.15 per cent gross per annum. The Banif Christmas Term Deposit requires a minimum deposit of €3,000. This is a limited offer available until the end of December.

"This is another excellent deposit opportunity being made available to the local market, reaffirming our position as the Alternative Maltese Bank by offering banking products that add more value to the Maltese community," commented a representative of the Bank's Strategy and Image Department.

"Banif felt the need to give something back to its Customers this Christmas. We wanted to reward our clients by offering a term deposit opportunity with an attractive interest rate that improves the financial wellbeing of our clients."

More details about this deposit can be found on the bank's website - www.banif.com.mt, any one of the eight Banif branches in Malta and Gozo or by calling free phone 8007 3200.