19.06.2009 17:10

New Time Deposit Accounts with monthly interest payments



Credit Europe Bank N.V. has just launched its long-term Time Deposits with monthly interest payments. The new fixed-term Time Deposits can be opened with a minimum amount of just €20, 000, for 7 years at 4.75% p.a. or for 10 years at 5.00% p.a. The monthly interest is paid to the Credit Europe Top Interest savings account, and can be withdrawn at any time. 

“The new Credit Europe time deposits are intended to provide long-term savings accounts with an advantageous opportunity: 100% secure monthly income at a very competitive interest rate”, says Eric Schröder, Division Director, Retail Banking Europe. “It shows that we follow a pricing strategy designed to balance the interests of our customers.  We are very confident that savers will respond well to this new product – especially in the current economic climate”.

This offer is only available to personal customers.

Interest rates for time deposits from € 20,000 with monthly interest payments

7 years

10 years

4.75% p.a.

5.00% p.a.


These rates are valid until further notice.

For more information please:
Call us on freephone 8007 3232, Monday to Friday, between 08.30 hrs and 18.30 hrs.
Visit our website: www.crediteurope.com.mt
Visit our branch at 143/2 Tower Road, Sliema, Monday to Friday, between 09.00 hrs and 17.00 hrs.
 
Background on Credit Europe Bank
Founded in 1994 in Amsterdam, Credit Europe Bank is a solid international financial services group, ranked among the top 10 Dutch banks. The bank’s strategy is to offer tailor-made services in trade and commodity finance as well as to offer smart retail products delivered efficiently. The bank is under the full supervision of the Dutch Central Bank (de Nederlandsche Bank).

As at end 2008 the bank increased its net profit by 25% to €74.5 million and had a total asset value of €9.5 billion.  Credit Europe Bank employs over 6,000 professionals working in the euro-zone countries Belgium, Germany, Malta and the Netherlands as well as in China, Dubai, Romania, Russia, Switzerland, Turkey and Ukraine, serving more than 3 million customers worldwide.