Landsbanki Guernsey launch fixed-term sterling account with 7% gross interest

Landsbanki Guernsey has launched a new fixed-term sterling account offering an interest rate of 7% gross. The one-year Fixed Rate Bond is available from 25 April and has a minimum deposit of £10,000. It is designed for investors who wish to lock away a lump sum for one year as no additional deposits, withdrawals or closures are allowed during the fixed term. Steve Le Poidevin, managing director of Landsbanki Guernsey, which has operated in the island since 2006, commented: "This account lives up to Landsbanki Guernsey's customer promise that we will be consistently competitive, and co...