Alpha Bank Cyprus Ltd: New Deposit Interest Rate of 2.75% for Deposits Over €100,000
High-Value Deposits with Competitive Interest Rates
Alpha Bank Cyprus Ltd, responding to market needs, is expanding its competitive range of products with the "Alpha Time Deposits." The bank is now offering a new deposit interest rate of 2.75% annually for deposits exceeding €100,000.
For those seeking higher returns on deposits over €100,000, Alpha Bank provides a solution by increasing the yields on 12-month term deposits. At the end of this specific term period, customers have the option to withdraw, increase their capital, renew the deposit, and capitalize the interest accrued.
Through its "Alpha Time Deposits" series, Alpha Bank enables customers to choose the ideal product based on their real needs. In this series, the bank also offers annual interest rates of 1.60% and 2.10% for deposits over €50,000 with terms of 18 months and 24 months, respectively. The interest does not compound, and it is paid at the end of the term deposit.
For more information, terms, and conditions, please visit one of the bank's branches or go to www.alphabank.com.cy.