€1.50
THURSDAY 13 APRIL 2023 • ISSUE 201
WWW.BUSINESSTODAY.COM.MT
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HSBC Malta with worst interest
rates on fixed deposit accounts,
izola Bank gives highest returns
1,036 final deeds of
sale on residential
property recorded
in March
€257.5m deficit
in trade in goods
during February
2023
PAUL COCKS
MALTESE clients seeking to open a
fixed term deposit account in Euro are
well served by the banks in Malta.
But a quick analysis of the terms on
offer quickly shows discrepancies in the
different terms offered, BusinessToday
has confirmed.
When it comes to fixed term deposit
accounts in Euro, HSBC Malta offers
the weakest interest rates across the
gamut of options available.
At the top end of the spectrum are a
number of banks, including izola Bank,
APS Bank, FIMBank and Bank of Val-
letta.
BusinessToday canvassed the websites
and online resources of 10 local banks:
Agri Bank, APS Bank, BOV, BNF Bank,
FCM Bank, FIMBank, HSBC Malta,
IIG, izola Bank and MeDirect.
STAR PERFORMER MSE FTSE 100
EUR EXCHANGE RATES
Trading Date: 12 Apr 2023
Number of Trades: 77
Turnover: € 984,839.00
MSE TRX Index: 7,416.06
Change: -0.074%
Name: 4.25% CPHCL USC
MT0000101262 - Currency €
Last Traded: 12 Apr 2023
Price 100.100
Change +1.100
US Dollar 1.0388
British Pound: 0.86477
Japanese Yen: 144.59
Australian Dollar: 1.5451
Swiss Franc: 0.98700
7,587.67
75.67
7,592.39 / 7,512.00
Value
Net variation
High / Low
+1.01%
*Oer is valid for a limited time only. T&Cs apply.
→ direct
discretionary portfolio
management
medirect.com.mt
2557 4400
MeDirect Bank (Malta) plc, company registration number C34125, is licensed to
undertake the business of banking in terms of the Banking Act (Cap. 371) and
investment services under the Investment Services Act (Cap. 370). MeDirect Bank
(Malta) plc is regulated by the Malta Financial Services Authority as a Credit
Institution under the Banking Act 1994.
Invest in our
MeManaged portfolio
and entrust your assets to a global network
of diligent experts who make investment
decisions on your behalf, oering you the
serenity of professional investing.
Peter Agius
