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Banca Farmafactoring launches Conto Facto Plus

With a yield of 1,25% over 12 months, Conto Facto Plus gives the possibility to choose the exact expiry day – It is then free of charge and the stamp duty is payable by Banca Farmafactoring on restricted stocks.

Banca Farmafactoring launches Conto Facto Plus

Banca Farmafactoring has launched Conto Facto Plus, an online deposit account that allows you to release up to 30% of the amount deposited without penalties and in several tranches.  

With a yield of 1,25% over 12 months, Conto Facto Plus allows you to choose the exact day of expiry. It is also free of charge and the stamp duty is payable by Banca Farmafactoring on restricted stocks. There is also the guarantee of the Interbank Deposit Protection Fund. The minimum amount that can be subscribed is 15 euros. 

Banca Farmafactoring had a group Tier 1 Capital ratio of 27,5% at the end of 2014. In 2014, net profit was 124,37 million euro against total volumes achieved equal to 5,45 billion. Banca Farmafactoring launched its first retail product, Conto Facto, on 8 September 2014.

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