Banca Cívica launches the second issue of its Depósito Campeón (Champion Time-Deposit Account), its first joint liabilities product
Banca Cívica launches the second issue of its first joint liabilities product, the Depósito Campeón (Champion Time-Deposit Account), after the good results attained by the first issue.
This second issue will total €70 million; the first issue, in the same amount, sold out in less than a month. This deposit account guarantees 100% of the capital invested and offers the possibility of benefitting from the evolution of the Spanish stock market without risking capital. The investment is 50% conducted through a 12-month deposit at 4.25% APR; and the other 50% is a through 24-month deposit, the profitability of which will be equal to 30% of the IBEX 35 average monthly increase.
This product, which is already on sale, requires a minimum €3,000 investment.