Starting July 1, 2025, depositors in Greece will be able to open fixed-term deposits offering returns of up to 2%, with tenors ranging from 3 to 60 months. According to an official announcement, BFF’s deposit products have been marketed under the Facto brand across European markets since 2014. They are currently available in seven countries: Italy, Germany, Ireland, the Netherlands, Poland, Spain, and Greece.
The Facto fixed-term deposit has received multiple awards as a top-performing time deposit, recognized for its customer-centric features: a fully digital application process, ease of use, zero fees, and high-quality customer service. The product also carries a low risk profile, being covered by the Italian Deposit Guarantee Fund (Fondo Interbancario di Tutela dei Depositi)—the equivalent of the Hellenic Deposit and Investment Guarantee Fund in Greece.
BFF's banking deposits hold investment-grade ratings from leading credit rating agencies Moody’s and DBRS, further enhancing their credibility among conservative investors.
In Greece, Facto targets retail depositors and is expected to contribute to the further expansion of BFF’s business operations. The Group has been active in the Greek market since 2017, reporting an annual turnover of €235 million and a loan portfolio of €217 million.
A minimum deposit of €5,000 is required to open a Facto fixed-term account.
