|
Due to changing market circumstances, ICBC (Europe) S.A. Amsterdam Branch announces that the retail interest rates will change per 15th of December 2016. Please find our new rates in the table below.
ICBC Direct, ICBC E package, ICBC E-plus package & ICBC Online saving package
| Account Type |
CCY |
Term |
Previous Nominal Rate |
Nominal Rate Per 15/12/2016 |
| Saving Account |
EUR |
- |
0.44% |
0.29% |
| Time Deposit |
EUR |
3M |
0.44% |
0.09% |
| Time Deposit |
EUR |
6M |
0.46% |
0.09% |
| Time Deposit |
EUR |
12M |
0.49% |
0.00% |
| Time Deposit |
EUR |
2Y |
0.51% |
0.00% |
| Time Deposit |
EUR |
3Y |
0.54% |
0.00% |
| Time Deposit |
EUR |
4Y |
0.57% |
0.00% |
| Time Deposit |
EUR |
5Y |
0.59% |
0.00% |
The effective interest rate can be calculated on an ACT/360 basis, and can possibly raise more due to the interest-on-interest effect if you keep the paid interest on the interest bearing ICBC Saving Account.
All other USD and RMB interest rates will remain unchanged.
ICBC (Europe) S.A. Amsterdam Branch
|