To keep up with the tradition of giving value to its clients during the festive season Banif is offering customers a Christmas Term Deposit account with a 3.5% gross per annum payable at maturity. The 18-month term deposit is denominated in euro and a minimum of €2,500 initial deposit is required. Customers may also choose an 18-month term at 3.25% gross per annum payable quarterly.
Clients are being offered the exclusive added benefit of making additional deposits during the first six months from opening of the account and still earn the same interest rate if they have a credit card, loan, savings scheme, Salary or Direct Salary Account from Banif. The extra deposits have to be made in minimum tranches of €1,000 each time and the additional sum cannot exceed the initial deposit made.
“Banif is adding pages to its story book,” said Dirk Spiteri Lucas, Head of Product Strategy Unit at Banif Bank (Malta) plc. “Strengthening our portfolio with innovative products on a regular basis is key to our operations and customers now expect Banif’s trademark offerings with enthusiasm. We believe in giving customers an advantageous return on their deposits and we are sure our latest proposition will meet our customers’ expectations. We expect the product to be another success.”The offer is limited until the end of December 2012 but the Bank reserves the right to close the offer before, at its discretion. More information can be obtained by visiting www.banif.com.mt, by calling Customer Care on 2260 1000 or by visiting any Banif Bank branch across Malta and Gozo.