IIG Bank opens new branch and launches new limited edition offer

Malta, December 2011: IIG Bank has announced another phase in its strategic development, with a new branch office opening tomorrow at Qui-Si-Sana, Sliema.

IIG CEO Ray Busuttil said: "It has always been our desire to become more accessible to our customers. With the opening of our new office in the heart of a top commercial area in Sliema, and our offices in Portomaso Business Tower, we believe we can extend the kind of quality service that our customers deserve. Nigel Stibbs, our Private Banking section chief officer, will now be based in the new branch and, along with his staff, will be delighted to help anyone who is interested in our attractive deposit products."

IIG Bank is launching a new 'limited edition' product to coincide with the opening of their new office. This is a two-year fixed term deposit, available in euro, Sterling or US dollars, which will offer a combination of very attractive interest rates and allow access to some of the funds. Euro deposits will attract 4.50 per cent interest per annum and Sterling and US dollar deposits will enjoy a rate of 4.25 per cent per annum.

Nigel Stibbs said: "IIG Bank has always tried to launch products 'with a difference' and this product offers quarterly interest that can be withdrawn or compounded to achieve even better returns, while also giving the customer the option to withdraw up to 10 per cent of the original deposit every six months, penalty free."

The office in Qui-Si-Sana will be open from 8am to 5pm, Monday to Friday.

 


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