Lloyds TSB Offshore launches two guaranteed deposit accounts

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Lloyds TSB Offshore has launched two guaranteed deposit accounts linked to indices in either the UK, US, Europe or Japan.

The first is a sterling deposit which runs for two and a half years and tracks the FTSE 100. It offers a minimum return of the original investment plus 5%. The second is a sterling deposit which runs for five-years and tracks the FTSE 100, S&P 500, Dow Jones Euro Stoxx 50 and Nikkei 225 index. It offers a minimum return of the original investment plus 15%. Chris Sutton, expatriate banking director at Lloyds TSB Offshore, said: “As well as complete capital protection, the guaranteed returns in excess of the sum invested will always be paid at maturity – even if any or all of the relevant s...

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