HSBC is once again improving rates for new customer term deposits for a limited period which expires on July 10, 2006.

The newly improved rates relate to four different term deposits - nine months, one year, 18 months or two years. The applicable interest rates on these accounts are 3.50, 3.70, 3.75 and 3.85 per cent respectively.

These rates are above those announced by the bank last week.

More information on HSBC's term deposit accounts is available from any HSBC branch, by calling 2380 2380 or by visiting the website, www.hsbc.com.mt.

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