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FIMBank has announced the launch of the 1,000 Day Deposit, a fixed-term account which pays a competitive interest of 4.25% per annum for deposits of a minimum of €25,000. This new euro-based product allows savers to receive their principal 90 days earlier than a traditional three-year fixed term deposit. Commenting on this new product, FIMBank’s [...]

APS Bank has launched the fifth edition of its Kapital Plus Account. This new limited offer deposit account is capital guaranteed on a five year term and is being offered in Euro. The Kapital Plus account pays regular income of 2% p.a. and also provides the opportunity to earn potential additional bonuses on each anniversary [...]

The Malta Bankers’ Association would like to remind the public that as this coming Monday, the 9th of April of 2012, has been declared a Bank Holiday, the banks will be closed for business on that day.

Bank of Valletta’s offer of €40 million 4.25% Notes due 2019 has been fully subscribed. Whilst expressing his satisfaction to the Notes’ take up, Charles Borg, BOV’s Chief Executive Officer stated, “The response of investors to this offer has once again given testimony to the strength and trust of the BOV brand.” Mr Borg further [...]

HSBC Bank Malta has launched an innovative type of financial investment: the Mixed Investment Deposit Account Solution (MIDAS). “What makes MIDAS unique is that it combines an investment in the highly diversified World Selection Portfolio Options with the additional benefit of a one year Term Deposit Account that offers an exclusive interest rate,” the bank [...]

Bank of Valletta has introduced a three-year fixed interest rate home loan for first time buyers. This is a well-timed product in the current low interest rate market scenario that guarantees a fixed rate for the first three years of the home loan contract. In addition, the Bank will waive all its processing fees whilst [...]