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Arbuthnot launches long-term deposits for retail customers

Sam Monk | 16:44 Monday 8th April 2019

Arbuthnot Latham has announced the launch of its new platform Arbuthnot Direct.

The platform targets retail customers who are seeking interest returns over the longer term, with interest paid annually on both three- and five-year fixed term deposits.

It has enabled the bank to expand its business-wide lending capabilities to private and commercial clients.

Ashley King, treasurer at Arbuthnot Direct, said: “The introduction of Arbuthnot Direct is a significant step in increasing our access and support to retail savers across the UK.

“We are looking to add value to a competitive retail market and are committed to maintaining the highest quality of service that the Arbuthnot name is known for, while adding fair, accessible and attractive offerings for both present and future customers.”

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