Banif launches new Easter Term Deposit

Banif has unveiled the Easter Term Deposit, offering a rate of four per cent gross per annum paid quarterly for a 30-month term. Both the capital and the interest are guaranteed. The new product is aimed at customers interested in short-term deposit...

Banif has unveiled the Easter Term Deposit, offering a rate of four per cent gross per annum paid quarterly for a 30-month term. Both the capital and the interest are guaranteed.

The new product is aimed at customers interested in short-term deposit accounts that pay advantageous interest rates at maturity. Clients can also open the Easter Term Deposit Account for a 15-month term in pound sterling, US dollar and Australian dollar.

Customers opting for the 30-month term deposit who acquire a credit card, loan, savings scheme or salary account this month, can also make additional deposits during the first year, subject to minimum deposits of €1,000 each time, up to an amount that equals the opening deposit, and still enjoy the same interest rate.

Banif’s Easter Term Deposit, which is available until April 30, requires a minimum deposit amount of €2,500 and is subject to certain terms and conditions.

Details are available in branches, at www.banif.com.mt or customercare@banif.com.mt or on 2260 1000.

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