Christmas has come early at Banif!

December 2, 2011
June 20, 2023
Christmas has come early at Banif!

Banif Bank will be outdoing itself this Christmas season!  After the encouraging take-up of the Christmas Term Deposit accounts launched last year, Banif is back with  an even better offer that is bound to bring a smile to people’s faces over the coming festivities.

Banif’s Christmas Term Deposit this year is offering an exceptional rate of 4.5% gross per annum paid quarterly for a 45-month term. Both the capital and the interest are guaranteed. Banif is also catering for clients who are interested in medium- or short-term deposit account solutions which also pay very advantageous interest rates. As in previous years, clients opening euro-denominated Christmas Term Deposit accounts can opt to choose between accounts that pay interest monthly, quarterly or at maturity.  Other Term Deposit account solutions, denominated in pound sterling, US dollar and Australian dollar, are also available.

An added benefit is that Banif clients, opting for the 45-month term deposit, who have a credit card, savings scheme, Salary Account or any loan, can also make additional deposits during the first year, subject to minimum deposits of €1,000 each time, up to an amount that equals the opening deposit, and still enjoy the same interest rate.

When asked to comment, Dirk Spiteri Lucas, Head of Product Strategy remarked, “Our latest Christmas offering is very much in keeping with one of Banif’s core values - CONFIDENCE in building long-lasting relationships with our customers”.Banif’s Christmas Term Deposit, which is valid until the 31st December 2011, requires a minimum deposit amount of €2,500 and is subject to certain terms and conditions. Further details can be obtained by visiting any of the Bank’s branches located in Attard, Fgura, Gozo, Naxxar, Qormi, Rabat, San Gwann, St Julian’s and St Paul’s Bay, by logging onto Banif’s website –, by sending an email to or by calling on  2260 1000.

Believe : A Smile That Can Last For Years!