Hellenic Bank Launches 18-Month Euro Fixed Deposit at 1.5%

14 March 2024

Hellenic Bank Unveils New “18-Month Euro Fixed Deposit” with Attractive Interest Rates

In a strategic move to meet the evolving needs of its customers, Hellenic Bank has announced the launch of its latest financial product, the “18-month Euro Fixed Deposit.” This new offering is designed to cater to both retail and corporate clients, providing them with an opportunity to secure their funds at a competitive interest rate of 1.5 percent for an 18-month term.

The bank’s decision to introduce this product comes after a thorough analysis of market conditions and customer feedback, ensuring that the new fixed deposit aligns with the financial goals and requirements of its clientele. With a minimum deposit amount set at €20,000, this product is accessible for substantial investments and is exclusive to euro currency deposits.

Clients who opt for the “18-month Euro Fixed Deposit” will benefit from a higher interest rate compared to other deposit products currently available at Hellenic Bank. Additionally, customers are given the flexibility to choose whether they want the interest earned to be automatically renewed upon maturity or paid directly into their accounts.

In an effort to streamline the banking experience, Hellenic Bank has made this new fixed-term deposit available online. Individual customers can now set up their deposits conveniently using the bank’s Online Banking platform. The process is designed to be quick, user-friendly, and conducted in real time, reflecting Hellenic Bank’s commitment to digital innovation and customer service excellence.

The main advantage of the “18-month Euro Fixed Deposit” lies in its ability to accommodate large deposits without an upper limit, offering clients a secure and stable return on their investment over the fixed period.

As Hellenic Bank rolls out this new fixed deposit offering, it continues to solidify its position as a customer-centric institution that adapts to market trends and prioritizes the financial well-being of its customers.

For more information on Hellenic Bank’s new product offerings and updates, follow Cyprus Mail on Google News.

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