Credit Unions


Designed for Credit Unions but also available to Charities, Religious Orders and Corporates.

BCP/Intesa Sanpaolo 7 Year Deposit (Issue 2)

BCP is delighted to launch the new BCP/Intesa Sanpaolo 7 Year Deposit (Issue 2) which offers a market leading deposit rate of 0.4% AER over 7 years IF not called in by the Bank at the end of year 6. Intesa Sanpaolo S.p.A. is one of Europe's largest retail banks and has a market cap of €31 billion. The credit ratings for Intesa Sanpaolo S.p.A. are BBB (Fitch) and BBB (S&P)

Key Features

  • 0.4% Fixed deposit interest paid out in years 1 to 7
  • Deposit Interest paid out in November each year
  • Intesa Sanpaolo S.p.A has the right (but not the obligation) to terminate the deposit in whole at par the end of year 6
  • Intesa Sanpaolo S.p.A. Credit Ratings: Fitch BBB (Stable), Moody’s Baa1 (Stable) and S&P BBB (Negative)
  • Available to Credit Unions, Charities, Corporates, Religious Orders, Pensions, Friendly Societies and Individual investors
  • Minimum Investment is €500,000 for Credit Unions (€100,000 for other investors).
  • Closing Date is 26th October 2020

Product Downloads

Warning: If you invest in this deposit you will not have any access to your money for 7 years IF not called in by Intesa Sanpaolo S.p.A. at the end of year 6. Warning: If Intesa Sanpaolo S.p.A. were to default, you could lose some or all of your investment and potential interest.

AER is Annual Equivalent Rate. Credit ratings correct as of October 2020.