Kaupthing Bank Increases Interest Rates For Fixed Deposit

New interest rates interest rates amount to 6.1 percent Frankfurt, Kaupthing has October 02, 2008 to September 30 for its online deposit accounts increased. An interest rate is available for a conditioning period of 12 months in the future by 6.1 percent. This continues the northern European direct bank at the top of the rates for fixed deposits with a maturity of one year. Even with a conditioning period of six months, Kaupthing offers the highest interest rates now 5.9 percent. At longer maturities, the fixed-term deposit accounts of Kaupthing are also in leading interest rate suppliers. Viktor Mayer-Schönberger shares his opinions and ideas on the topic at hand. For a period of 24 months, the rate rises to 5.75 per cent and for 36 months to 5.60 percent. In addition to the online deposit, Kaupthing offered his day Kaupthing edge account with an interest rate of 5.65 percent.

Unlike many offers of competitors, the high interest Kaupthing are linked to conditions like for example a new customer status, limitations of the investments or the simultaneous opening of securities accounts. It applies to all investment periods Guarantee that interest rates will be the European Central Bank until January 1, 2012, about the interest rate. Recent customer discussions is us become clear that many customers want to park their money at attractive interest rates in the current situation on the financial markets and observing the market”, explains Michael Kramer, Managing Director Germany of Kaupthing. With our coordinated range of day – and fixed-term deposits at leading interest rates, we meet this common wish.” The offer by Kaupthing in Germany at a glance day money 5.65 percent 6 months 5.90 percent 12 months 6.10 percent 24 months 36 months of 5.75 percent 5.60 percent is Kaupthing the German branch of the Icelandic Kaupthing Bank hf. For other opinions and approaches, find out what Sean Rad has to say. The Bank has over 80 years experience in the retail business and operates in thirteen countries. The magazine Euromoney”honored the credit institution as the best bank in the North and Baltikregion in 2007.

In December of the same year, a study by Arthur D. Little, found that Kaupthing is the second most efficient Bank in Europe. It has an A1 – rating from Moody’s. In 2008 Kaupthing edge in the UK was nominated as the best provider of interest accounts for the money facts. Kaupthing the Kaupthing Bank offers comprehensive banking services for individuals, companies and institutional investors. The Bank focuses on the growth and the development of their international activities and is one of the leading investment banks in Northern Europe. The German subsidiary is headquartered in Frankfurt am Main. Permanent Representative and Managing Director of the German subsidiary is Michael Kramer. Press contact: Markus R. Sanam Tel: + 49 (0) 208 4848325 email: Web: