Kaupthing raises offshore rates

The new rates on both types of account are now 6.4% for sterling, 5.6% for dollars and 4.4% for euro accounts and are available immediately. Commenting on the rate rise, Aidan Doherty, managing director of Kaupthing Singer & Friedlander, says: “Market interest rates generally have risen over the past couple of months and, in line with our commitment to providing a very competitive range of deposit rates to our customers, we are passing on these increases now.” If you would like to comment on this story, contact: John Bakie Tel: 020 7034 2682 e-mail: [email protected] IFAonline