Click here if you want to follow the Elections in Iceland but don’t understand Icelandic

The general parliamentary elections in Iceland are to be held on Saturday 25 April and seven political parties are fighting for the interest of voters –  of the seven, two are brand new. The parties are the Independence Party (Sjálfstæðisflokkurinn), Social Democratic Alliance (Samfylkingin), Left-Green Movement (Vinstrihreyfingin – grænt framboð), Progressive Party (Framsóknarflokkurinn) and Liberal Party (Frjálslyndi flokkurinn).

The new parties, directly grown from the “Pots and Pans” revolution, are the Citizens’ Movement (Borgarahreyfingin) and the Democratic Movement (Lýðræðishreyfingin). Read the full story

Savings specialist Bradford & Bingley International, based in the Isle of Man, has launched two new fixed rate savings bonds.

For long term deposits, Fixed Rate Bond Issue 46 is a 1 year bond which pays 6.70% interest on maturity or 6.50% (6.70% AER) monthly.

Read the full story

Bradford & Bingley International, a major offshore savings bank, has released details of its latest fixed rate savings bond.

The savings specialist is extending its competitive run of fixed rate savings bonds with its one year Fixed Rate Bond (Issue 45) paying 7% interest per annum.

The fixed rate bond is available for balances over £10,000, with interest being paid on maturity. The bond also offers the comfort for all bond customers that the rate offered is fixed throughout the life of the bond, regardless of changes in the Bank of England Base Rate.

Read the full story

Bradford and Bingley International, an offshore savings bank, have announced the launch of a new one year fixed rate savings bond.

Fixed Rate Bond (Issue 44) comes with a competitive interest rate of up to 7.00% and matures on 31st August 2009. The online savings bond offers a fixed rate of interest regardless of any reduction in the UK base rate, with the option of having interest paid monthly or on maturity.

The offshore bond also offers an emergency access facility, allowing customers to access their funds at any time, subject to a 90-day interest penalty on the amount withdrawn.

Fixed Rate Bond (Issue 44) is limited in availability and is allocated on a first come first serve basis.
The final date for funds to be received into the bond is 29th August 2008 or sooner if fully subscribed.

Bradford & Bingley International is an offshore savings bank based on the AAA rated Isle of Man. It offers a range of savings accounts for international and expatriate customers as well as Isle of Man and Channel Island residents.

See the Bradford & Bingley International website for more information on the Fixed Rate Bond (Issue 44).

Read the full story

Offshore savings specialist Bradford & Bingley International (BBI) has launched a limited edition fixed rate savings bond paying an interest rate of up to 7.00%.

The account is only available online and is primarily aimed at British expats and members of the international community.

The online savings bond, eBond Issue 3, is the latest account to be added to BBI’s range of internet savings accounts. It offers a fixed rate over 12 months together with the convenience of online banking. Interest is paid when the bond matures on 14th July 2009.

Marketing Manager Lynette Byrne said, “Our previous two eBonds have gone down extremely well with our international customers. We have been able to secure a highly competitive interest rate of up to 7.00% for eBond Issue 3 and I am sure this bond will prove to be popular with existing and new customers alike.”

More information about the fixed rate savings bond is available on the Bradford & Bingley International website under offshore savings accounts.

Read the full story

Offshore savings bank Bradford & Bingley International has just released its latest fixed rate sterling savings bond which is offering an interest rate of up to 7.00% gross per annum.

The bond is fixed for 1 year and even gives savers the flexibility of emergency withdrawals if required in lieu of 90 days loss of interest on the amount withdrawn.

The bond can be opened with a minimum balance of £10,000 and interest is paid at maturity on the 30 June 2009.

Fixed Rate Bond (Issue 42) is limited in availability and is allocated on a first come first served basis and it may be closed sooner if it becomes fully subscribed.

Bradford & Bingley International is a leading offshore savings bank based on the AAA rated Isle of Man. It offers a wide range of tax efficient savings accounts for international and expatriate customers as well as Isle of Man and Channel Island residents.

More information on Fixed Rate Bond (Issue 42) can be found on the Bradford & Bingley International website, www.bbi.co.im.

Read the full story

Offshore savings specialists Bradford & Bingley International have relaunched their corporate website and savings accounts range as part of a major rebranding exercise.

Following extensive consumer research, a new range of offshore savings accounts has been developed that offers customers a variety of short, long or fixed term savings accounts with different options for receiving interest.

The new savings range also includes currency savings accounts in US Dollars and Euros, available with annual and deferred interest.

New savings accounts include:

Anyday Saver – a no notice savings account which offers unrestrictive access for every day use.

Future Planning Tracker – a short term savings account that pays up to 6.25% pa and allows no-notice access to deposits. A 0.50% premium is paid when no more than four withdrawals are made during the year.

Reward Saver – a long term savings account offering a high rate of interest of up to 6.40% in return for 90 days notice on withdrawals. The emergency access facility allows withdrawals subject to a loss of 90 days interest.

Interest on the above accounts can be received annually, monthly or even deferred for tax planning purposes.

The popular eSavings internet savings accounts remain unchanged, providing the convenience of 24 hour online account management from anywhere in the world. The eSaver account is currently offering up to 6.40% on balances of £1,000 or more, the top rate of interest being paid when no more than three withdrawals are made per year.

The Isle of Man based bank specialises in offering tax efficient offshore savings accounts for international and expatriate customers. It has customers in over 125 countries, particularly Spain, France and Commonwealth countries.

Visit Bradford & Bingley International’s website for more information on its offshore savings accounts.

Read the full story

Isle of Man based savings bank, Bradford & Bingley International, has launched two new fixed rate bonds.

A limited edition one year bond (Fixed Rate Bond Issue 40), is currently paying up to 6.50% with interest paid on maturity on 29 May 2009. The bond also offers a monthly interest option with up to 6.30% being paid on the last day of each month.

An eight month bond is also available (Fixed Rate Bond Issue 41) which pays up to 6.60% gross with interest payable on maturity on 30 January 2009.

Both bonds offer a fixed rate of interest regardless of changes in the Bank of England Base Rate and can be opened with a minimum deposit of £5,000.

The bonds also offer an emergency withdrawal option, allowing customers to access their funds before the maturity date, subject to a 90-day interest penalty on the funds withdrawn.

Conventionally funds committed to fixed rate bonds are tied up until maturity but this feature offers bond holders the flexibility to react to any unforeseen changes in their circumstances during the period of the deposit.

Bradford & Bingley International is a leading offshore savings bank that specialises in a range of tax efficient savings accounts for international and expatriate customers.

More information on the fixed rate bonds can be found at the Bradford & Bingley International website, www.bbi.co.im by phoning + 44 (0) 1624 695000.

Read the full story

Offshore savings bank Bradford & Bingley International has expanded its Business Development Team with the appointment of George Campbell to the role of Relationship Management Support Executive.

George was a senior member of the customer service team before the promotion and has been with the Isle of Man based savings bank for 18 months. Prior to the appointment, George worked within the Treasury division of one of the main high street banks, dealing with both high net worth individuals and major corporate clients.

“We are delighted that George Campbell has joined the business development team,” said Clare Dalton, Business Relationship Manager. “George’s experience in both the local corporate and high net worth market will complement the already experienced team we have here at BBI and will further enhance the service we provide to our clients,” she added.

Bradford & Bingley International is a leading offshore savings bank which provides a range of bespoke savings products to corporate and high net worth individuals. The bank also offers a wide range of tax efficient savings accounts for international and expatriate customers, as well as Isle of Man and Channel Island residents.

For further information contact Bradford & Bingley International on + 44 (0) 1624 695000.

Read the full story

International savings specialist Bradford & Bingley International (BBI) has launched a limited issue bond for corporate investors, trustees, Independent Financial Advisors and Life Companies in the UK, Ireland, Channel Islands and Isle of Man.

The fixed rate bond gives corporate investors the opportunity to offer their customers the benefits of placing deposits offshore at a rate over 1% above the current UK Base Rate.

Prestige Fixed Rate Bond (Issue 18) pays 6.30% pa gross for balances of £10,000 and above with a maturity date of 8th April 2009 taking investors into a new tax year.

An additional feature of the bond is the availability of emergency withdrawals. The fixed rate bond also allows a no-notice withdrawal of funds, subject to the loss of 90 days interest on the amount withdrawn.

Bradford & Bingley International is an offshore savings bank based on the AAA rated Isle of Man. The bank has been offering tailored savings solutions to financial institutions for over 16 years and has maintained customer satisfaction levels of 98% and over for the past 4 years running.

For more information on the fixed rate bond, contact Bradford & Bingley International on + 44 (0) 1624 695050, or corporate@bbi.co.im.

Read the full story