APS Bank launches new Fixed Term Deposit offer

APS Bank has introduced an offer on Euro fixed term deposits, designed to provide customers with even greater value for their savings. This limited time offer features improved interest rates, making it an attractive option for those looking to maximise their returns.

Customers can take advantage of a 3-month fixed term deposit with an annual interest rate of 2.8% or opt for a 6-month fixed term deposit at an even higher annual interest rate of 3%. This offer is valid until 15 September 2024.

Zoltan Horvath, Head of Propositions announced this offer during the latest Market Briefing hosted by APS Bank on 11 June, “We have made it our mission to ensure we give back to our customers by offering attractive rates, so that we can deliver our long-term objectives in line with our strategy and rolling business plan. We believe that with these best-in-class deposit solutions, we can not only source additional funding to fuel our ever-strong lending activities, but also allow our customers to better manage their savings portfolio with various maturities. Our customers may benefit from these attractive rates before any further European Central Bank rate cuts and before fixed term deposit rates start coming down gradually.”

Visit apsbank.com.mt/term-deposit to learn more about the offer, follow the step-by-step guide on how to open a term deposit account through myAPS or fill in the contact form to fix an appointment at a branch. For further assistance you may also contact the Bank’s Contact Centre on 2122 6644.

Approved and issued by APS Bank plc, APS Centre, Tower Street, B’Kara BKR 4012. APS Bank plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994 and to carry out Investment Services activities under the Investment Services Act 1994. The Bank is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act 2018. The Bank is a participant in the Depositor Compensation Scheme established under the laws of Malta. Terms and conditions apply and are available on apsbank.com.mt/terms-and-conditions. Offer ends 15 September 2024.

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