BCP/Societe Generale Credit Union Deposit

BCP is delighted to announce the launch of the new BCP/Societe Generale Credit Union Deposit. This 100% capital secure deposit offers credit unions, corporates and charities the opportunity to access a term-deposit that pays an attractive rate of interest annually with the potential for higher interest if European interest rates rise during the term. 

 

• 100% capital security at maturity from Societe Generale SA
• Minimum deposit interest of 0.7% AER in years 1 & 2,and 0.5% AER in years 3 to 7
• Deposit benefits from potential future interest rate increases
• Potential variable Deposit Interest up to a maximum of 2% per annum
• Societe Generale Credit Ratings: Fitch A, S&P A and Moody's A2 [Source: Bloomberg as at 9th Feb]
• 7 year term
• Minimum deposit €500,000
• Available to Credit Unions, Corporates and Charites only
• Extended Closing date 30th March 2017

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

AER is Annual Equivalent Rate.