IOM Bank Raises One-Year Interest Rate

by Carla Johnson, Investors Offshore.com, London

13 September 2007

Isle of Man-based Zurich Bank International, a subsidiary company of the Zurich Financial Services Group, has announced the launch of Issue 4 of its 1 Year Fixed Rate Bond series, which has a market leading rate of 6.60% Gross pa/AER.

This limited issue product has a minimum balance of GBP10,000 and is aimed at those savers who wish to receive a guaranteed rate of interest over 12 months. Graham Sheward, Managing Director of Zurich Bank International, said, “This is an excellent rate for a 1 Year Fixed Rate Bond and once again confirms our commitment to offer market leading savings accounts.”

The account is available to all personal customers, third party intermediaries, companies, trusts, charities and clubs and offers a choice of payment options on maturity. Interest is paid on maturity one year after account opening.

Zurich Financial Services is an insurance-based financial services provider with a global network that focuses its activities on its key markets in North America and Europe. Founded in 1872, Zurich is headquartered in Zurich, Switzerland. Zurich has offices in more than 50 countries and employs about 62,000 people.

For more information call +44 (0) 1624 671666 or visit www.zurichbankinternational.com

Zurich Bank International Limited is licensed by the Isle of Man Financial Supervision Commission for banking business.

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