ANGLO IRISH BANK ISLE OF MAN BOOSTS RATES ON CURRENCY ACCOUNTS

Anglo Irish Bank Corporation (I.O.M.) P.L.C. has boosted rates on its award winning Privilege account range. The higher rates, which come into effect immediately, apply only to Anglo’s Dollar and Euro accounts, which now offer increased rates across the board.
Commenting on the move, James Horrigan, Head of Private Client Services at Anglo, said: “This is good news for savers, especially those looking for Dollar and Euro deposit accounts which pay interest gross*.”
The rate increases make Anglo’s Dollar and Euro instant access accounts, notice accounts, and bonds, even more competitive, with the Privilege Instant Access account now paying 4.75% gross* for Dollar deposits, and the Privilege 12 Month Bond now paying a top rate of 5.30% gross* for deposits in Dollars.
Anglo commented that they expect high demand for the new rates, and has recently simplified its account opening process to make it faster and more streamlined. All Anglo accounts are available to pay interest gross*, and are available with a minimum balance of 5,000 in all major currencies. Account opening details are available from Anglo’s website www.angloirishbank.co.im
US$:
Privilege Access from 4.50% to 4.75%
Privilege 7 Day from 4.50% to 4.75%
Privilege 90 Day from 4.70% to 5.00%
Privilege 90 Day Accrual from 4.70% to 5.00%
Privilege 12 Month Bond from 5.00% to 5.30%
Privilege 18 Month Bond from 5.00% to 5.30%
Privilege 24 Month Bond from 5.00% to 5.30%
EURO:
Privilege Access from 2.25% to 2.50%
Privilege 7 Day from 2.35% to 2.60%
Privilege 90 Day from 2.50% to 2.70%
Privilege 90 Day Accrual from 2.50% to 2.70%
Privilege 12 Month Bond from 2.90% to 3.15%
Privilege 18 Month Bond from 3.00% to 3.25%
Privilege 24 Month Bond from 3.10% to 3.40%
The latest move by Anglo comes after leading expatriate magazine, Nexus, recently voted Anglo winner in five out of five international deposit taking categories in its 2006 Best Banks for Expats Awards. Sweeping the Board at the Nexus Awards confirmed that Anglo Irish Bank consistently offered the best deposit interest rates during 2005.
* Subject to the provisions of the EU Savings Tax Directive. Further information available on request.
Anglo Irish Bank Corporation (I.O.M.) P.L.C. is licensed by the Isle of Man Financial Supervision Commission to conduct Banking and Investment business.