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UBS to lower interest rates on savings and euro accounts

Zurich / Basel | | Media Releases Switzerland

UBS is lowering interest rates on savings accounts in CHF, the UBS savings account in euro and the UBS personal account in euro. The changes will come into effect on 1 January 2009.

UBS is lowering these interest rates in response to the decline in domestic and European money and capital market rates.

The following interest rates will apply with effect from 1 January 2009:

Product

New interest rates

Old interest rates

Savings account range

UBS savings account CHF

0.500%1, 2

1.00%

UBS rental surety savings account

0.500%

1.00%

UBS savings account for young people

1.500%

1.75%

UBS investment fund account CHF

1.500%

2.00%

Euro accounts

UBS savings account EUR

1.125%2

1.375%

UBS personal account EUR

0.500%

0.750%

UBS investment fund account EUR

2.125%

2.375%

1 Interest payment limits currently inactive
2 Savings account special offer ending 31 December 2009: extra 0.50% interest on balance increases still applies