Banca Progetto S.p.a.

Business Summary

Services
retail banking
factoring
Products
Area Served
Italy
Germany

Banca Progetto S.p.a. provides products and services in the areas of retail banking, factoring. The range of products offered by Banca Progetto S.p.a. includes savings accounts (0.70 - 0.70 %), time deposit accounts (0.70 - 1.45 %), consumer loans, business loans.

Products

Savings Accounts

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.

Banca Progetto S.p.a. offers the following savings accounts.

Updated on 11 December 2019

Tagesgeld
Sales Region
Germany
Investment Amount
10,000 - 100,000 EUR
Interest Rate (p.a.)
0.70 %
Deposit Term
1 - 99 months
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.70 %
Max. Interest Rate (p.a.)
0.70 %
Min. Deposit Term
1 month
Max. Deposit Term
99 months
Min. Investment Amount
10,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Savings accounts made with Banca Progetto S.p.a. are covered by deposit guarantee scheme of Italy up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on savings accounts by non-residents of Italy is not taxed. Interest gained on savings accounts by residents of Italy is taxed at 20.00% rate. When the interest is paid, this tax is automatically withhold by Banca Progetto S.p.a. from the savings account.

See Also

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

Banca Progetto S.p.a. offers the following time deposit accounts.

Updated on 11 December 2019

Festgeld
Sales Region
Germany
Investment Amount
10,000 - 100,000 EUR
Interest Rate (p.a.)
0.70 - 1.45 %
Deposit Term
6 - 36 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.70 %
Max. Interest Rate (p.a.)
1.45 %
Min. Deposit Term
6 months
Max. Deposit Term
36 months
Min. Investment Amount
10,000 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Time deposit accounts made with Banca Progetto S.p.a. are covered by deposit guarantee scheme of Italy up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on time deposit accounts by non-residents of Italy is not taxed. Interest gained on time deposit accounts by residents of Italy is taxed at 20.00% rate. When the interest is paid, this tax is automatically withhold by Banca Progetto S.p.a. from the time deposit account.

See Also