In occasion of this year’s edition of the Malta Trade Fair, Banif Bank has launched a range of new product offers including innovative term deposits and personal loan deals, at very advantageous terms.
Banif Bank is offering an innovative four-year term deposit with a guaranteed interest of 4% gross per annum if funds are kept till the end of the term. The Flexible Four Term Deposit has a number of important features that makes it a unique banking product. Apart from the attractive interest rate, the term deposit offers the client the flexibility to withdraw the money deposited before the end of term without losing any capital. Furthermore, active Bank customers have the possibility to deposit additional funds during the first year of the term, which funds shall not exceed the amount of the initial deposit made. Thus, even though the product offer closes at the end of July, these clients can increase their capital and continue benefitting from the advantageous interest rate. The account can be opened with a minimum balance of €2,500 and the maximum amount held in each account cannot exceed €250,000.
For those clients looking for a shorter term product, Banif Bank will also offer a Special 15-Month Term Deposit paying 3.5% gross per annum. The Special 15-Month Term Deposit can be opened with a minimum balance of €2,500. Other deposit options in different currencies are also available.
The Bank has also joined forces with three established brands associated with furniture, domestic appliances, technology products, as well as renewable energy products for the home. The aim of this campaign is to help customers furnish their homes in style. In fact, Banif Bank is collaborating with Fino to provide an exclusive interest free offer on a Chateau d’Ax sofa; with Sound Machine to offer interest free loans on a large variety of Samsung products; and Euromed to promote very good deals on Sharp branded renewable energy systems. Clients can benefit from buying top quality products at affordable monthly repayments.
More information about these offers and the wide range of products available from Banif including the latest Hello Kitty Credit Card, can be obtained from the Banif Bank stand at the Malta Trade Fair. Alternatively one may visit any Banif Bank branch or call on 2260 1000.