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Alpha Bank Cyprus Ltd: Deposit rate of 2.50% for twelve-month deposits over €70,000

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Alpha Bank Cyprus Ltd: Καταθετικ επιτοκιο 2.50% για δωδεκαμηνες κατ αθΕσεις Ανω των €70,000

The Alpha Bank Cyprus Ltd continues to expand its deposit products, responding to the needs of its Customers, offering a fixed deposit rate of 2.50% annually, for 12-month deposits of more than €70,000.

With the aim of offering increased returns, Alpha Bank enables its Customers to raise the level of return on their 12-month term deposits above of €70,000, with a fixed annual interest rate of 2.50%. At the end of the specific term period, the Clients have the possibility to withdraw, increase the capital or renew the deposit and capitalize the term interest.

Alpha Bank, through the series ” Alpha Term Deposits' also gives further options to its Customers, based on their actual needs, as it offers a fixed annual interest rate of 1.60% and 1.50% for deposits over €50,000, with a duration of 18 months and 24 months, respectively. The interest is not compounded and is paid at the end of the term deposit.

For more information, terms and conditions, contact one of the Bank's Branches or www.alphabank.com.cy.

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Source: www.philenews.com

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