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Emirates NBD launches Jersey Offshore Deposits
posted on 09/02/2010

Emirates NBD, announced yesterday the launch of Jersey Offshore Deposits, an attractive and flexible multi-currency fixed-deposit product, offering easy international access, potential tax efficiencies and total confidentiality.
The offering is targeted at affluent and high net worth customers in the UAE, and currently offers very attractive special promotional rates to provide customers with added value.
Jersey Offshore Deposits from Emirates NBD provides investors the ideal opportunity to grow their deposit portfolios at attractive returns while enjoying the peace of mind that comes with banking with the largest banking group in the region.
"Meeting the needs of our clients here in the UAE and across the world remains our highest priority at Emirates NBD," said Suvo Sarkar, Executive Vice President and General Manager, Retail Banking, Emirates NBD. "We are therefore extremely pleased to extend our deposit offerings through the introduction of Jersey Offshore Deposits, offering our customers attractive returns, peace of mind, flexibility and convenience."
Available in a range of international currencies, including the US dollar, UK pound, euro and the UAE dirham, the product is available in tenors ranging from one month to three years. The minimum deposit is US$25,000, GBP25,000, EURO25,000 or Dh100,000. - Emirates News Agency, WAM


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