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Open your new account today

New Generations Account


 I want my children to have the best of everything. 

An early start in saving will help make that possible. 

With the New Generations Account from Banif Bank, I can secure a brighter future for my children. 

Key benefits

I can:

  • open a New Generations Account with an initial opening balance of €25 and deposit a minimum of €300 annually, whether I am a parent, grandparent or legal guardian; 
  • spread my deposits over regular intervals throughout the year and benefit from regular interest on my savings; 
  • receive a free gift upon opening my account; 
  • reduce my minimum annual deposits when opening New Generations Accounts for more than one child; 
  • have the flexibility to withdraw my funds at pre-set intervals; and 
  • apply for a personal loan at reduced rates to finance any requirements for my children, 6 months from account opening. 

Getting started

All I need to do is visit a Banif Branch or call Customer Care on 2260 1000.

Terms and conditions apply. The Bank reserves the right to amend or withdraw the product from the market and at its sole and absolute discretion. Banif Bank (Malta) plc is a credit institution licensed to undertake the business of banking by the MFSA in terms of the Banking Act 1994 and is a member of the Depositor Compensation Scheme established under the Depositor Compensation Scheme Regulations (Legal notice 383 of 2015). Registered in Malta C41030 - 203, Level 2, Rue D'Argens, Gzira, GZR 1368, Malta. 

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Terms and Conditions 

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Banif Bank (Malta) plc is a credit institution licensed by the MFSA to undertake
the business of banking in terms of the Banking Act 1994.