The relevant announcement of the bank
A new deposit rate for private accounts over €50,000 that reaches up to 2.10%, Alpha Bank Cyprus announces.
Specifically, in its announcement, the bank states that private individuals can benefit from the Alpha Time Deposits product, which is offered for deposits over €50,000 and carries a fixed interest rate for a predetermined period of time. For a 12-month period with an interest rate of 1.20%, for an 18-month period with an interest rate of 1.60% and for a 24-month period with an interest rate of 2.10%.
It is added that the interest payment is made at the end of the term deposit.
Source: www.kathimerini.com.cy