IIG Bank fixed-term deposit account

IIG Bank Malta, an affiliate of International Investment Group LLC based at Portomaso, St Julian’s, has launched a three-year deposit account offering regular income with quarterly interest payments. Chief executive officer Ray Busuttil said the...

IIG Bank Malta, an affiliate of International Investment Group LLC based at Portomaso, St Julian’s, has launched a three-year deposit account offering regular income with quarterly interest payments.

Chief executive officer Ray Busuttil said the product had the features of a time deposit and a savings account combined, paying a three per cent premium above the current base rate for euro, sterling and US dollar up to a maximum rate of six per cent per annum.

At least €25,000 or its equivalent is needed to open an account.

For information visit www.iigbank-malta.com.

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