BoV launches new edition of Fidda Account

Bank of Valletta has launched another edition of the popular ‘BoV Fidda Account’, a six-year term deposit offering access to diverse global markets with the peace of mind of guaranteed capital and income.

The BoV Fidda Account is a structured deposit account denominated in euro, US dollars or sterling. The account is 100 per cent capital guaranteed, offering attractive step-up interest rates on half of the deposit, if held until maturity, plus a potential bonus interest on the remaining half of the deposit, linked to the performance of three major stock-market indices and payable on maturity.

“This fourth edition of the BoV Fidda Account offers an attractive investment opportunity with full capital guarantee, an attractive interest rate and potential growth in markets worldwide,” said Charles Borg, chief officer financial markets and investments at Bank of Valletta.

“Financial planning services and further information on this product are available from the bank’s financial advisors at our branches who received specific training on the features of the new Fidda Account in order to deliver a superior service to existing and prospective investors,” continued Mr Borg.

The offer will close on December 16, or earlier at the bank’s discretion.