In line with its strategy to continuously offer products that provide added value to its clients, Banif Bank launched another deposit opportunity – the Special 15-Month Term Deposit. This limited offer product pays an excellent rate of 3.5% gross per annum at maturity on euro denominated accounts.
The Special 15-Month Term Deposit is ideal for those clients looking for a shorter term product that guarantees both capital and interest if funds are held until maturity. The account can be opened with a minimum balance of €2,500 and there is no maximum amount that can be deposited.
This account from Banif Bank is also available in other term deposit account options denominated in pound sterling, US dollars and Australian dollars paying different interest rates depending on the currency.
More information on the Special 15-Month Term Deposit can be acquired from any of the eight branches in Malta and Gozo, by calling on 2260 1000 or by sending an email to customer care.