Credit Europe Bank raises interest rates for Time Deposits

14.01.2010

Credit Europe Bank NV has raised the interest rates for two-year time deposits from 2.25% p.a. up to 2.50% p.a. In addition, the interest rates for terms of 7 and 10 years are raised too, effective, January 15, 2010. At a term of 7 years the interest rate increased from 4.00 % p.a. up to 4.25% p.a, for 10 years customers get instead of 4.25% p.a. even 4.50% p.a. For 7 and 10 years Credit Europe Bank offers monthly paid interest rates. The minimum deposit amount for this offering is € 20, 000.

“Due to our centralized contact center and our efficient cost structure we are able to provide customers with attractive conditions. We start 2010 with a raise of interest rates, because we want to continue showing our focus on customer satisfaction”, says Eric Schröder, Division Director Retail Banking Europe.

With this offering Credit Europe Bank N.V. provides long term time deposits (7 and 10 years) with likely the highest interest rates at the market.  

Overview Credit Europe Bank Time Deposits

For deposit amounts from € 2.500,- to € 250.000,-
The minimum deposit amount for monthly paid interest rates is € 20, 000.
Interest Rates are valid from January 15, 2010 until further notice.

Backgound Credit Europe Bank NV
Founded in 1994, Credit Europe Bank NV has grown into a solid, international financial services group, ranked in the top 10 of Dutch banks. It serves around 3 million customers worldwide through branches, subsidiaries and representative offices in The Netherlands, Belgium, Germany, Malta, Russia, Romania, Switzerland, Ukraine, Dubai, China and Turkey.
The Bank's mission is to offer tailor-made corporate banking services and efficiently delivered retail products. Please find further information on www.crediteurope.de

Pressekontakt:
Credit Europe Bank NV  
Joke Hergert, Public Relations
Joke.Hergert@crediteurope.de
Tel. 069/256 260 807

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