February 1, 2007 National Bank of Greece has launched a new "Capital Plus" investment-deposit product in Euro, available to investors from 5 through 12 February 2007.
"Capital Plus" products are special time deposits providing 100% guarantee of the initial capital at maturity, plus the possibility of higher returns, depending on the performance of the economic indices linked to the investment, than those offered on simple deposit products.
"Jasmin's Amphora in Euro" is of three-year duration (from 12 February 2007 through 16 February 2010) and offers possibility of higher returns linked to the performance of a portfolio consisting of 20 high capitalization companies' shares.
Specifically, further to 100% of the initial capital at maturity, the investor will receive an annual return (gross) equal to the Average Absolute percentage Change in the portfolio on the basis of monthly observations of the 20 shares' prices. The investor will benefit from both upward and downward movements of the portfolio.
The minimum annual guaranteed return is 1.50% (gross).
The minimum investment amount is Euro 5,000.
