Credit Europe Bank raises interest rates for Time Deposits

14.01.2010

As of January 15, Credit Europe Bank raises the interest rates for a number of Time Deposits. For two-year time deposits, the rate increases from 2.25% p.a. up to 2.50% p.a. 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 receive 4.50% p.a. instead of 4.25% 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 raising our 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 best interest rates of 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.

Background 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

For further information please contact:
Robert Bakker, Head of Corporate Communications      
T: + 31 20 357 8069 / + 31 6 5152 7441   
Robert.bakker@crediteurope.nl

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