Bank Electronika Offers Higher Earnings to Legal Entities
OREANDA-NEWS. On the eve of its anniversary, Bank Electronika has announced the beginning of its traditional autumn deposit program for legal entities. The title of the program, Bank Electronika – 17 Years!, pays tribute to the institution’s founding. From September 17 through November 16, 2007, at all offices and branches of Bank Electronika, business clients will be offered higher interest on term deposits and promissory notes of the Bank.
Bank Electronika offers legal entities opportunities to put idle currency to work this autumn by taking advantage of the special program Bank Electronika – 17 Years!
During the program, promissory notes and ruble-denominated term deposits will pay interest at rates higher than customary by 0.5 percent per year. In dollar- and euro-denominated instruments, rates will be 1.5 percent to two percent per year higher. For maximum terms, interest rates within the program Bank Electronika – 17 Years! will be 11.5 percent in Russian rubles and 10 percent in dollars and euros. Businesses wishing to participate may open deposit accounts at any of the offices or branches of the Bank for terms of 31, 91, 181, 365, or more days. Bank Electronika will accept minimum amounts of one million rubles, $35,000, or 30,000 euros within this special program.
Interest income earned on will be paid at their expiration dates.
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