Sviaz-Bank Is Renewing its Line of Time Deposits
OREANDA-NEWS. On June 07, 2007 Sviaz-Bank renewed its line of time deposits. According to the results of attracting private funds for deposits, customers prefer simple and understandable deposit conditions. The renewed line fully meets these requests, reported the press-centre of Sviaz-Bank.
Now the line of Sviaz-Bank’s deposits includes five products, which allows the customer to choose the most suitable conditions for depositing money:
Fixed-time deposit of 91 to 1,095 days with fixed sum – “Sberegatelny;”
Deposit with capitalization of interest and the possibility of replenishing the deposit or partially withdrawing money – “Sbalansirovanny;”
Deposit for the optimal placement of large savings – “Premium;”
A special “Investitsionny” deposit that combines the reliability of a bank deposit with the yield of the stock market;
Seasonal “Otpusknoi” deposit with higher interest rates and limited timeframe.
Senior Vice-President of Sviaz-Bank Arkady Komyaginsky commented on the new deposit proposals as follows: “The distinguishing feature of the renewed line of deposits is maximum correspondence between customer requests and different levels of income. Before the end of the year we will offer customers a few more types of deposit.”
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