Credito Valtellinese banking Group: new series of unit-linked policies Global sicura 2 launched

Sondrio, Oct 31, 2003 - Credito Valtellinese banking Group has launched a new series of unit-linked policies under the name of 'Global Sicura 2'. It is a bank insurance product, which combines assets administrations and insurance benefits.

Global Sicura 2 allows investing money in the main domestic and international financial markets and offers reliability in case of bearish market. The investors, in fact, always remain in a position to obtain the best performances from funds and to avoid the risk of loosing money, as the product is designed to return at least initial capital at maturity. With Global Sicura 2, up to 50% of the share investment is linked to the market performances.

The investment maturity date falls on February 28, 2012. Global Sicura 2 takes into account the initial value of the fund and its value at maturity, as well as the performances recorded in the period between the start date and maturity date. Global sicura 2 can be surrendered with no penalties after 1 year at current market value.

This new product will only be available to the clientele of the Credito Valtellinese banking Group until February 27, 2004, for a minimum investment amount of € 5,000.