Royal Bank of Scotland International is launching a capital guaranteed bond that will require client...
Royal Bank of Scotland International is launching a capital guaranteed bond that will require clients to lock-in capital for a period of two years. With a minimum deposit of £5,000, the bond is aimed at expatriates and foreign national in the UK and worldwide. Investors will have the opportunity to earn up to 14% interest. 'Interest rates have fallen dramatically so the most you can earn is 2.5% if you invest in a bank or building society,' said Peter Shirreffs, director of retail banking at Royal Bank of Scotland International. 'Hence a bond that pays 14% after only two years is an a...
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