It is not possible in the days of crisis to offer a good banking product yield in the short term. The last year, this strategy was possible and in fact to many they used it organizations with good results: short term deposits whose interests surpassed the four percent. The deposits saving are products very demanded by the Spaniards, but now the bet is to generate an investment long term, or with increasing credit. This is a strategy that will possibly adopt boxes and banks of here until at least two years more. One of the organizations that have penetrated in products of this type more strongly is Caixa Geral, that has entered the market several options for deposits long term saving, like the Increasing Deposit Premium Top IV, that is to a year, but offers the alternative to suspend it of three in three months and guaranteed capital. The interest has reference to Eurbor to three months, with a differential that grows every three months. From this form, the client obtains a rent in which to the Eurbor a 1.20% at the end of the period are added to him of liquidation.
For the campaign Blue Buds of Barclays Multiexit has been sent to the Increasing Deposit, I deposit long term saving (5 years), with three annual possibilities to reclaim the money before it wins I deposit saving without no type of penalty. The final yield of this I deposit after the five years is of 3.53%. The Popular Bank offers I deposit denominated saving the Estirn, with a 3.2% of yield, 18 months of permanence and monthly, quarterly, semester liquidations or, by all means, to its victory. Unicaja has open the Increasing Deposit by 3 years, with a yield that, as its name indicates, he is increasing, and goes of the 2 to the 2.5 percent, by a minimum of six thousand Euros; also it is the Increasing Deposit Unicaja five years, with a yield that can reach 3.7% and a final TAE of 3%. Another organization that offers east type of deposits saving is Caixa Galicia, that bets to on Deposit Takeoff, with a yield of annual 2.5% for the first six months; 2.75% for the second semester and finally a 3.75 percent the third party, which indicates that if maintains to the investment the three semesters the yield will be of 3.03%. In the case that retires bottoms during the 12 first months one will penalize to us with or, 5% annual noun. These products indicate that, indeed, the deposits saving offered by the banks are going to be tendency by the end of year and beginnings of 2010, with attractive yields but in the long term, whereas the deposits short term saving continue existing and being popular, but with smaller interest from the organizations to promote them.