Issue link: https://maltatoday.uberflip.com/i/1259447
Issued by Bank of Valle a p.l.c., 58, Triq San Żakkarija, Il-Belt Valle a VLT 1130. Bank of Valle a p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking in terms of the Banking Act (Cap. 371 of the Laws of Malta). More informa on is available from www.bov.com or contact 2131 2020. NOTICE TO CUSTOMERS Customers are advised that interest rates on term deposit accounts opened or renewed as from 17 June 2020 will change as indicated below. Meanwhile, as from 12 August 2020 interest rates paid by the Bank on demand deposit accounts are also changing as indicated below. All other interest rates will remain unchanged. Change in Interest Rates on Deposit Accounts denominated in Euro Term Deposit Accounts Account Balance in Euro Present Interest Rate Interest Rate as from 17 June 2020 One (1) Year From €200 to €25,000 0.50% 0.30% Over €25,000 to €125,000 0.50% 0.30% Over €125,000 to €500,000* 0.50% 0.30% Two (2) Year From €200 to €25,000 0.90% 0.40% Over €25,000 to €125,000 0.90% 0.40% Over €125,000 to €500,000* 0.90% 0.40% Three (3) Year From €200 to €25,000 1.10% 0.50% Over €25,000 to €125,000 1.10% 0.50% Over €125,000 to €500,000* 1.10% 0.50% Four (4) Year From €200 to €25,000 1.25% 0.60% Over €25,000 to €125,000 1.35% 0.60% Over €125,000 to €500,000* 1.45% 0.60% Five (5) Year From €200 to €25,000 1.35% 0.70% Over €25,000 to €125,000 1.45% 0.70% Over €125,000 to €500,000* 1.55% 0.70% * Interest Rates for Term Deposit Accounts with aggregate balances over €500,000 will be quoted upon request. Demand Deposit Accounts Account Balance in Euro Present Interest Rate Interest Rate as from 12 August 2020 BOV eAccount up to €12,000 0.20% 0.10% Over €12,000 to €500,000 0.10% 0.00% Over €500,000 0.05% 0.00% BOV Student eAccount up to €2,500 0.22% 0.12% over €2,500 0.07% 0.00%