Credito Siciliano: two new bond issues
Acireale, 6 October 2005 - Starting on Monday, 10 October, at all branches of Credito Siciliano (Credito Valtellinese Group), clients will be able to purchase two new bonds issued by the bank, one at a fixed rate (2%), the other at a variable rate linked to Euribor.
The different form of remuneration and the shared characteristics (same issue and repayment, half-yearly interest, maturity at 2 1/2 years) allow the two securities to meet the investment needs of a large and varied clientele.
With these two bond issues, Credito Siciliano will enhance what is already a broad range of savings options, offering clients a form of investment to complement asset management and insurance products.
Credito Siciliano, which is present throughout Sicily with a network of 132 branches, has its core business in both traditional retail banking for SMEs and families, and in the sector of larger business clients; special attention is reserved for entities operating in the public sector.