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Kaupthing Bank - Comprehensive commercial and investment banking services

Kaupthing Bank offers comprehensive commercial and investment banking services to individuals, companies and institutional investors. The Bank is a leading player in all the main areas of the Icelandic financial market, and in addition to Iceland, the Bank's key markets are Denmark and the United Kingdom.

The Bank focuses on the growth and development of its international activities and aims to be one of the leading investment banks in northern Europe. As of 30 June 2008 the number of full-time equivalent positions was 3,207 at Kaupthing Bank and its subsidiaries.

Kaupthing's shares are listed on the OMX Nordic Exchange in Iceland and Stockholm.

For further information about Kaupthing Bank:

Deposit Rates

Last updated: 28 August 2008

Money Market Fixed Term Deposits

These are indicative rates for deposits of £100,000+ or the currency equivalent.
Interest is paid on maturity of the funds unless otherwise requested.  Regular interest postings prior to maturity will have an effect on the interest rate applicable.

Please phone our Treasury Solutions Team on 020 3205 7000 for a quote.

Fixed Term GBP USD EUR
Overnight 5.03% 2.07% 4.17%
One week 5.07% 2.44% 4.39%
Two weeks 5.20% 2.46% 4.42%
One month 5.42% 2.56% 4.54%
Three months 5.83% 2.90% 4.99%
Six months 6.00% 3.21% 5.24%
One year 6.15% 3.63% 5.44%
Three years 5.55% 3.83% 4.89%
Five years 5.47% 4.22% 4.82%

If you are interested in Money Market Fixed Deposits for other periods or currencies, please contact us


Base Rates
Kaupthing Singer & Friedlander Limited Base Rate - 5.00%
Bank of England Base Rate - 5.00%


Premier Base Rate Trackers
The minimum deposit is £25,000.
Interest is credited on a monthly basis.

Interest Rates Effective from 7 February 2008

Notice Period A.E.R* Gross P.A
10 day notice 5.38% 5.25%
32 day notice 5.43% 5.30%
60 day notice CLOSED 1st Feb 2008 CLOSED 1st Feb 2008
90 day notice 5.64% 5.50%
180 day notice 5.75% 5.60%

 

Previous Interest Rates

Notice Period

AER Gross P.A
10 Day Notice 5.64% 5.50%
32 Day Notice 5.69% 5.55%
90 Day Notice 5.90% 5.75%
180 Day Notice - -


 * AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

Gross is the annualised rate before deduction of tax at basic rate (currently 20%).



See Also

See Also
 




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