Compare Time Deposit Accounts in Italy

Updated on 25 April 2019

12 offers from 11 banks
Interest Rates: 0.25 - 2.40 % p.a.
Deposit Terms: 3 - 120 months
Sales Region
Germany
Currency
EUR
Interest Rate (p.a.)
0.85 - 1.20 %
Deposit Term
3 - 12 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.85 %
Max. Interest Rate (p.a.)
1.20 %
Min. Deposit Term
3 months
Max. Deposit Term
12 months
Time Deposit Account Provider

Established in 1972, Banca UBAE is a partner for companies and financial institutions looking to establish or expand business ties between Europe and North and Sub-Saharan Africa, the Middle East, the Indian subcontinent. Bank UBAE provides a range of services in international corporate banking, including corporate finance, trade finance and syndicated loans.

Sales Region
Germany
Currency
EUR
Interest Rate (p.a.)
0.30 - 0.70 %
Deposit Term
3 - 36 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.30 %
Max. Interest Rate (p.a.)
0.70 %
Min. Deposit Term
3 months
Max. Deposit Term
36 months
Time Deposit Account Provider

Banca Farmafactoring is an Italian bank, established in 1985 by a group of pharmaceutical companies and biomedical equipment manufacturers in order to consolidate complex activities of credit management in the industry into a single point of contact.

Sales Region
Italy
Currency
EUR
Interest Rate (p.a.)
1.90 - 2.40 %
Deposit Term
3 - 24 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
1.90 %
Max. Interest Rate (p.a.)
2.40 %
Min. Deposit Term
3 months
Max. Deposit Term
24 months
Time Deposit Account Provider

On November 22, 2015 Banca d'Italia ordered the sale of all "good" assets, rights and liabilities of Banca delle Marche SpA to Nuova Banca delle Marche SpA. Nuova Banca delle Marche is going to be a bridge institution with the aim of ensuringthe continuity of credit and financial services of the bank under resolution procedures. Nuova Banca delle Marche provides retail and corporate banking products and services. In May 2017 Nuova Banca delle Marche SpA was renamed into Banca Adriatica SpA and was merged into UBI Banca.

Sales Region
Italy
Currency
EUR
Interest Rate (p.a.)
0.25 - 0.50 %
Deposit Term
3 - 24 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.25 %
Max. Interest Rate (p.a.)
0.50 %
Min. Deposit Term
3 months
Max. Deposit Term
24 months
Time Deposit Account Provider

Bank Credito Emiliano Spa (Credem) is a modern bank with a centuries-long tradition. The bank was founded in 1910 by entrepreneurs of Reggio Emilia under the name of 'Banca Agricola Commerciale of Reggio Emilia'. The current name, Credito Emiliano SpA, has been used since 1983, after the acquisition of Bank Belinzaghi Milan followed by significant growth outside the regional boundaries. Credito Emiliano is a universal bank offering to its customers retail, private and corporate banking products and services combined with financial advising.Credito Emiliano delivers its solutions using multi-channel distribution network, consisting of traditional channels (bank branches and dedicated stores), remote banking systems (telephone banking and internet banking), and advanced remote banking solutions.

Sales Region
Germany
Currency
EUR
Interest Rate (p.a.)
0.95 - 2.00 %
Deposit Term
6 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.95 %
Max. Interest Rate (p.a.)
2.00 %
Min. Deposit Term
6 months
Max. Deposit Term
120 months
Time Deposit Account Provider

Banca Popolare di Cividale Società Cooperativa per Azioni is a cooperative bank providing full range of banking and insurance products to its members. Being a cooperative bank, Banca Popolare di Cividale Società Cooperativa per Azioni is a local, mutual, not-for-profit organization. Located in Cividale Del Friuli, it serves the local residents (natural and legal persons).

Sales Region
Germany
Currency
EUR
Interest Rate (p.a.)
0.90 - 1.45 %
Deposit Term
6 - 36 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.90 %
Max. Interest Rate (p.a.)
1.45 %
Min. Deposit Term
6 months
Max. Deposit Term
36 months
Time Deposit Account Provider

Banca Popolare Lecchese was established in 1994. In 2016 Banca Popolare Lecchese was acquired by Oaktree Capital Management LP (United States) and was renamed to Banca Progetto. Banca Progetto is aimed to becoming a new specialized intermediary in the area consumer credit to households and financing of small and medium-sized Italian enterprises.

Sales Region
Germany
Currency
EUR
Interest Rate (p.a.)
0.65 - 1.35 %
Deposit Term
6 - 48 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
0.65 %
Max. Interest Rate (p.a.)
1.35 %
Min. Deposit Term
6 months
Max. Deposit Term
48 months
Time Deposit Account Provider

Imprebanca SpA was founded in 2008 by a group of entrepreneurs as a multi-channel bank providing retail banking products to individuals and SMEs.

Sales Region
Italy
Currency
EUR
Interest Rate (p.a.)
1.00 - 1.20 %
Deposit Term
6 - 12 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
1.00 %
Max. Interest Rate (p.a.)
1.20 %
Min. Deposit Term
6 months
Max. Deposit Term
12 months
Time Deposit Account Provider

Webank S.P.A. is a direct bank offering retail banking products and services via direct channels like Internet. Being a direct bank, Webank doesn't have to maintain a costly branch network and hence can offer its products and services at competitive prices. Webank operates as a subsidiary of Banca Popolare di Milano.

Sales Region
Austria
Currency
EUR
Interest Rate (p.a.)
1.25 - 2.20 %
Deposit Term
12 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
1.25 %
Max. Interest Rate (p.a.)
2.20 %
Min. Deposit Term
12 months
Max. Deposit Term
120 months
Time Deposit Account Provider

Founded in 2011, Banca Sistema is focused on providing factoring, debt management and collection services. Banca Sistema also offers retail and corporate banking products and services.

Sales Region
Germany
Currency
EUR
Interest Rate (p.a.)
1.25 - 2.20 %
Deposit Term
12 - 120 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
1.25 %
Max. Interest Rate (p.a.)
2.20 %
Min. Deposit Term
12 months
Max. Deposit Term
120 months
Time Deposit Account Provider

Founded in 2011, Banca Sistema is focused on providing factoring, debt management and collection services. Banca Sistema also offers retail and corporate banking products and services.

Sales Region
Germany
Currency
EUR
Interest Rate (p.a.)
1.15 - 1.35 %
Deposit Term
12 - 24 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
1.15 %
Max. Interest Rate (p.a.)
1.35 %
Min. Deposit Term
12 months
Max. Deposit Term
24 months
Time Deposit Account Provider

Banca Finanziaria Internazionale (Banca Finint) was founded in 2014 as a corporate and investment banking and asset management arm of Finint Group (Italy).

Sales Region
Italy
Currency
EUR
Interest Rate (p.a.)
1.50 - 1.60 %
Deposit Term
12 - 24 months
Time Deposit Account Details
Account Currency
EUR
Min. Interest Rate (p.a.)
1.50 %
Max. Interest Rate (p.a.)
1.60 %
Min. Deposit Term
12 months
Max. Deposit Term
24 months
Time Deposit Account Provider

SANTANDER CONSUMER BANK S.P.A., a member of Santander Group (Spain), is a provider of financial services in retail banking. The head bank of the group, Banco Santander, based in Madrid is mainly active in retail banking and in addition in global wholesale banking, cards, asset management and insurance business.

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.

Italy: This product is offered to Italian residents only. When clicking on the product link you will be redirected to the product page in Italian.

Austria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.

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

The table above shows essential details of selected time deposit products offered to retail customers by the banks in Italy: currency, interest rate per annum and deposit term. The time deposit accounts terms vary from 3 month to 10 years (120 months).The interest rates are within the range 0.25 - 2.40 %. The interest rates provided in the table do not take into account withholding tax levied on interest income in Italy.

Time deposit accounts made with credit institutions in Italy are covered by deposit guarantee scheme up to 100,000 EUR per depositor.

In October 2018, average annual deposit interest rate in local currency (Euro) of new contracts with fixed term up to 1 year between credit institutions and retail customers (households) was 0.70 %.

Italy's Moodys country ceiling (the highest rating that can be assigned) for deposits in local currency is set to Aa2 (high grade).

See Also