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Yorkshire Guernsey Increases Deposit Account Interest Rates

by Philip Morton, Investors Offshore.com

31 August 2006

Offshore building society, Yorkshire Guernsey announced on Tuesday that it has increased the interest rates on its Global Access and Global 15 deposit accounts.

This is in line with the base rate increase from the Bank of England on August.

The Global Access and Global 15 changes took effect last week, with an interest rise of 25 basis points across the board.

As an example, the rate paid to Global 15 account holders with balances over GBP250,000 has risen from 4.70% to 4.95% and for investments from GBP10,000 - GBP99,999 the rate has changed from 4.60% to 4.85%.

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