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 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.