Banca Privata Leasing

Best offers of Banca Privata Leasing from Italy

1 year | EUR

Banca Privata Leasing (“BPL“) offers competitive interest rates for short-term deposits up to 3.19% p.a. The low minimum deposit amount of EUR 5,000, the 100% online account opening and management and the fact that there is no withholding tax on savings interest in Italy make saving on BPL a convenient experience for a wide audience.

All Term Deposit offers from Banca Privata Leasing

Interest rate Term Currency
1.50 % AER
6 months EUR
2.70 % AER
1 year EUR
3.05 % AER
2 years EUR
3.19 % AER
4 years EUR

About Banca Privata Leasing

Banca Privata Leasing S.p.A. was founded in 1987 as a leasing company in the Italian region of Reggio Emilia (Emilia-Romagna), an area that has always been the scenario of important economic and social development in Italy. In September 2011, BPL obtained a banking licence, expanding its portfolio of financial products.

Banca Privata Leasing is an independent, private bank, specialised in leasing and online deposit-taking. The bank also has offices in Milan.

The bank focuses mainly on the SMEs and freelancer segments with leasing and lending offers, as well as a wide range of financing solutions for individuals.

The products offered by Banca Privata Leasing through Raisin Bank can be ordered 100% online and in just one minute through your inline banking, no additional documents are required.

Offer details

Effective rate
2.70 % AER
Nominal rate
2.70 % AER
1 year
At maturity
Interest payout
At maturity
Interest taxation
At maturity
Min/Max investment amount
5,000 – 100,000  EUR
An automatic renewal including payment of interest will be initiated if you do not deactivate the automatic renewal up to 5 days before the end of the term.
Withholding tax
Italy does not levy withholding tax on non-residents, i.e. you are automatically exempt from withholding tax and do not have to do anything else.

About the country

Italy is a republic in the South of Europe and has one of the largest economies in the world. The Human Development Index ranks Italy as a highly developed country. A popular destination for tourists, Italy is the fifth most visited country in the world. It is a founding member of the European Union and the Euro has been its official currency since 2002. Germany is Italy’s most important trade partner both for exports and imports.

S&P Country rating: BBB (As of date April 23, 2021)

Deposit guarantee

Deposits with Banca Farmafactoring are protected in full for amounts up to 100,000 EUR per depositor and bank by the Italian Deposit Guarantee Scheme, backed by the Italian state. This protection covers the deposits of all individuals, not just Italian citizens.

All Member States of the European Union have agreed on the need to better protect savers. Throughout Europe, the minimum requirements for national Deposit Guarantee Schemes were harmonized a number of years ago (EU Directives 94/19/EC and 2009/14/EC). These Directives provide a standardized, high level of protection of deposits across the EU regulating, among other things, repayment modalities and repayment deadlines.