↑ Grab this Headline Animator

Abbey International Enhances Rates on 1 Year Fixed and EscalatorProducts

Abbey International (www.abbeyinternational.com) has enhanced the rate paid on its popular 12 month fixed rate account which now pays a guaranteed 3.75% gross/AER over 12 months.

In other changes, Abbey International has also increased the rate paid on its 2-Year Escalator Bond to 3.75% gross/AER in year 1 and 4.25%gross/AER in year 2, making this one of the most attractive products of this kind offered by a leading bank. Clients will need to have or be in the process of applying for an Abbey International sterling Gold current account, in order to qualify for the Escalator Bond.

Both accounts are limited offer products designed for new monies only, and will be withdrawn when fully subscribed. The 12 month fixed rate account has a minimum balance of 's163;50,000, whilst the Escalator Bond has a minimum opening deposit of 's163;100,000.

Jane Matthews, Head of Client Experience at Abbey International, said: Our client feedback tells us that particularly in the current economic conditions, savers everywhere still want straightforward fixed deposit accounts paying competitive interest rates. We offer a range of such products, with clients able to choose from a variety of terms over 6 months, 12 months or two years. These accounts, like all our products, offer high quality service, value and security.

Abbey International is part of the Santander Group, which has more than 150 years's experience in banking and has clients all over the world. Santander has an AA stable credit rating from both Fitch and Moody'ss credit rating agencies.

For further information on banking with Abbey International on Jersey call + 44 (0)1534 885 055 or log onto www.abbeyinternational.com

For media use only and not to be relied on by consumers to make financial decisions.

Notes to Editors:

Abbey International is located in Jersey, a secure, well-established and politically stable financial centre, which is renowned internationally for its high standards of regulation. Jersey'ss unique constitution and relationship with the British Crown dates back hundreds of years. This provides for a unique legal and neutral tax system that can provide significant wealth planning opportunities for the international investor.

Abbey international has a minimum balance entry requirement of 's163;50,000 (or currency equivalent) across our portfolio of products. The minimum balance amount can be spread across a range of accounts, subject to the minimum opening deposit for each account being met.

All deposits carry the full and unconditional guarantee of Abbey National plc, itself a wholly owned subsidiary of the Santander Group.

Santander has more than 150 years's experience in banking and more branches worldwide than any other international bank. Together, Abbey and Santander are committed to serving our customers, helping you make the most of your money. In 2008, Abbey won the Euromoney 'sBest UK Bank's award, and Santander won the Euromoney 'sBest Global Bank's award.

Abbey and Santander

Banco Santander, S.A., (SAN.MC, STD.N), headquartered in Madrid, engages primarily in commercial banking with complementary activities in global wholesale banking, cards, asset management and insurance. Santander had over EUR 1.079 trillion in funds under management at Sept. 30, 2008, from more than 80 million customers* served through more than 13,000 branches - more branches than any other international bank. Founded in 1857, Santander is the largest financial group in Spain and Latin America and has a significant presence in Western Europe and in the United Kingdom, through its Abbey subsidiary. In the first nine months of 2008, Santander registered 's8364;6,935 million in attributable net profit, an increase of 16% from 2007, excluding capital gains.

In Latin America, (excluding Banco Real) Santander manages over US$200 billion in business volumes (loans, deposits, mutual funds, pension funds and managed funds) through 4,638 branches. In the first nine months of 2008, (excluding Banco Real) Santander reported EUR 2,167 million in net attributable income in Latin America.

* Includes, Alliance 's38; Leicester, Bradford 's38; Bingley savings and Banco Real.

For more information, see www.santander.com.

Media Contacts:

Guy Stephenson/Jennifer Duffy

Nacelle Ltd

020 8333 9125

Jane Matthews, Abbey International, Head of Marketing 's38; Business Development

01534 828137

↑ Grab this Headline Animator

---

This article has been robotically scanned and tagged by Prnewsnow with the following search tags. No human manipulation of these tags take place.
| Marriott | Griffin Gate | griffin gate marriott |

---

4952 readers online...

, Local News