BCP/Deutsche Bank Credit Union Deposit

The new BCP/Deutsche Bank Credit Union Deposit offers annual interest of 0.95% fixed AER (7 year deposit) and 1.2% fixed AER (10 year deposit), which is paid out annually. Deutsche Bank AG is Germany’s largest bank.

• Deposit Interest paid out at the end of September each year
• Deutsche Bank AG Credit Ratings: Moody’s A3, Fitch A- and S&P BBB+
• Market cap of €18bn, as at 15th August 2016
• Minimum Investment €500,000
• Available to Credit Unions and Corporates
• Closing Date 27th September 2016

 

 

Warning: If you invest in this product, you will not have any access to your money for 7 years or 10 years.

IMPORTANT NOTE: Investments will be held by Deutsche Bank as deposits in the name of BCP. This means Investors will have sole recourse to BCP in the event of any failure by Deutsche Bank of BCP to meet its liabilities.

AER is Annual Equivalent Rate.