NEWS | Wednesday, 09 January 2008

Credit Europe Bank starts operating in Malta

The Dutch bank Credit Europe Bank N.V has just commenced operating within the local retail banking market, initially offering two products aimed at benefitting customers with higher returns on their deposits than similar products available elsewhere.
Credit Europe’s Top-Interest account offers customers the best of both worlds – access to their money whenever they want but with a high interest rate usually associated with fixed-term deposits.
The Time Deposit offers a fixed high rate of interest guaranteed for the whole term. Customers can choose from fixed periods of 3, 6, 9, 12, 24, 36, 48 or 60 months.
Since 1994 Credit Europe Bank N.V. has been committed to providing innovative and reliable banking to its European clients and has become known for its modern approach to the world of banking and a customer oriented service based on flexibility and personable professionals.
With 12,000 employees and a consolidated total asset size of €5.7billion, Credit Europe has become a major presence in the European banking landscape.
Credit Europe Bank N.V. based in Amsterdam, operates under the full banking license supervised by the Dutch Central Bank, which includes its compliance to the Deposit Guarantee System.
Under this system, the Dutch Central Bank stipulates that if a bank cannot meet its obligations, each account holder is assured of full reimbursement of the first €20,000 of their balances held in current or savings accounts.
In addition, a 90 per cent guarantee applies to balances from €20,000 to €40,000. This provides Credit Europe customers on the Maltese Islands with greater levels of protection and security for their savings.
For more information, including all terms and conditions, visit www.crediteurope.com.mt or call freephone 8007 3232.