Banif launches Special 15-Month Term Deposit

Banif Bank has launched another deposit opportunity – the Special 15-Month Term Deposit. This limited offer product pays a rate of 3.5 per cent gross per annum at maturity on euro denominated accounts. “The Special 15-Month Term Deposit is ideal for...

Banif Bank has launched another deposit opportunity – the Special 15-Month Term Deposit. This limited offer product pays a rate of 3.5 per cent gross per annum at maturity on euro denominated accounts.

“The Special 15-Month Term Deposit is ideal for those clients looking for a shorter term product that guarantees both capital and interest if funds are held until maturity,” the bank said.

The account can be opened with a minimum balance of €2,500 and there is no maximum amount that can be deposited.

This account from Banif Bank is also available in other term deposit account options denominated in pound sterling, US dollars and Australian dollars paying different interest rates depending on the currency.

More information on the Special 15-Month Term Deposit can be found on the Banif Bank website - www.banif.com.mt, or by visiting one of the branches in Malta or Gozo.

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