Where to put the considerable amounts of available liquidity? This is a question that many entrepreneurs are asking themselves at the moment. And in the past, the search for somewhere to park their capital, combining security with returns, was worse than burdensome. Now a new offering from Hamburg Commercial Bank could offer assistance: The product is called “Term deposit 370Plus”. In short, this innovate financial investment offers companies with excess liquidity the opportunity to park their capital at attractive terms with the chance of participating in rising interest rates. Specifically, investors benefit from the performance of the Euro Interbank Offered Rate – or EURIBOR. This is a reference interest rate for term deposits in euros in transactions between banks, known as Interbank trading. Trends in the 12-month EURIBOR also tens to indicate rising interest rates. Handling could not be easier for the customer: You don’t even need an account with Hamburg Commercial Bank. Although there are plenty of good financial reasons for having one. …

“Many companies with high liquidity reserves are just waiting for the opportunity to benefit from rising interest rates, while not losing out in terms of flexibility. With Term Deposit 370Plus from Hamburg Commercial Bank, this is now possible.“

One more important thing to note: Hamburg Commercial Bank also offers term deposits with different terms, just in case 370 days does not optimally suit your plans.

You’re a new customer and you want more information about Term Deposit 370Plus and the interesting account products offered by HCOB?

In either case please feel free to talk to us. We are here for you in person.