Archive for the Category »Financial News «
22
Feb
2012
2012
According to the latest HSBC Global Connections Trade Forecast, Malta’s trade is forecast to grow 83.80% by 2026 at an annualised rate of 0.69% to 2016, increasing substantially, between 2017 – 2021, at 5.65%. It finds that Malta is exposed to the present fluctuations in world trade that result from the general economic climate firstly [...]
Category: Financial News
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15
Feb
2012
2012
A new addition to the family is a life changing event that brings joy and happiness to the family and also financial concerns about the child’s financial future. The BOV Parents Package offers a selection of products, services and offers specifically designed for parents with growing kids. Planning ahead for when your child grows up [...]
Category: Financial News
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13
Feb
2012
2012
Bank of Valletta has just launched a new 5 year Euro Term Deposit Account offering an interest rate that increases each year over the term of the account. Account holders taking out this deposit will benefit from an initial interest rate of 2.25% in the first year, increasing up to 4.00% in the fifth and [...]
Category: Financial News
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09
Feb
2012
2012
At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 1.00%, 1.75% and 0.25% respectively. The Bank of England’s monetary policy committee have also today decided to keep interest [...]
Category: Financial News
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07
Feb
2012
2012
There has been a positive demand both by members of the public and institutional investors for the first issue of Malta Government Stocks for the year 2012. By the closing dates at 5.00 p.m. on Friday 3rd February, 2012 and at noon on Tuesday 7th February 2012, the Treasury received the following applications/bids as shown [...]
Category: Financial News
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02
Feb
2012
2012
HSBC Bank Malta has announced the launch of a new Medium Term Note (MTN), the MTN Libor (GBP). “This 5-year investment is 100% capital protected if held to maturity, and is denominated in Sterling. It is aimed at investors seeking higher potential returns but with no risk to the invested capital,” the bank said. HSBC [...]
Category: Financial News
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