Sep 28 2010 |
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HSBC launches attractive short term deposits
28 September 2010Rates up to 3.8% and 1 Million Air Miles Free
HSBC has announced the launch of their “high yield” fixed deposits. The deposit is aimed at customers who bring in new to bank funds or use funds in their existing Demand deposits and would like to earn higher returns with no risk, as well as enjoy the security of liquidity.
For deposits above AED 250,000 taken out from 20th September to 31st October 2010, customers can get up to 1 million Air Miles free based on the value of their deposits.
James Pearson, Head of Assets and Liabilities, HSBC UAE said: “We are delighted to be able to offer these fantastic rates in the UAE. We are keen to expand our local deposit offerings and this firmly positions HSBC as a leading savings provider. Our attractive free Air Miles promotion is an added benefit enabling customers to redeem their miles for rewards including flights, hotel accommodation and jewellery. This particular product is most suited to those with funds who are looking for a higher return deposit opportunity over a 6 month to one year timeframe.”
Redemption of Air Miles can be done on-line through www.airmilesme.com or by calling 04-3913401 with free delivery of rewards in the UAE
For more information on Deposits customers should contact 600 554722
-Ends-
HSBC Bank Middle East
Limited (
HSBC
)
HSBC
is the largest and most widely represented international bank in the Middle East.
HSBC Bank Middle East
Limited has 46 branches throughout the United Arab Emirates, Oman, Bahrain, Qatar, Kuwait, Jordan, Lebanon, Pakistan, Algeria and the Palestinian Autonomous Area. In addition to the branch network the Bank maintains representative offices in Tehran, Iran and Tripoli, Libya. This extensive regional coverage is strengthened by another member of the
HSBC
Group,
HSBC
Bank Egypt SAE; and by its associated companies; The Saudi British Bank; British Arab Commercial Bank Limited;
HSBC
Saudi Arabia Limited; SABB Securities Limited; SABB Takaful Co.; and Dar Es Saalam Investment Bank.
Media enquiries to Andrea Jaishankar, Manager Communications,
HSBC Bank Middle East
Limited on 04 4235635 or at andreajaishankar@hsbc.com
© Press Release 2010
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