NIBC Bank launches high-interest savings products in the Netherlands 

The Hague, 9 September 2008

NIBC today launches NIBC Direct, a complete range of online retail savings products that offer the highest interest rates in the Netherlands. Starting at 5.25% for the instant access account and up to 6% for deposits.

The introduction of NIBC Direct (www.nibcdirect.nl) follows extensive research into the EUR 250 billion Dutch savings market. As market turbulence prompts investors and savers to review their investment approach, there is strong demand for stability and certainty combined with attractive returns. NIBC Direct is a simple and transparent range of high-interest products from instant access accounts to fixed-term deposits.

“With NIBC Direct, savers can choose how long they deposit their money for and get the best interest rates whatever they choose. We can offer the highest interes t rates because of our low cost base. This initiative fits perfectly into our strategy of being entrepreneurial, innovative and flexible,” said Jeroen Drost, Chief Executive Officer of NIBC.

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