Megabank Offers New Deposit Product for Natural Persons
OREANDA-NEWS. February 22, 2008. "Megabank" PLC offers the "Loyal" deposit for natural persons for a term of one month. The interest rate of the deposit is 7,5% per annum, reported the press-centre of Megabank.
The "Loyal" deposit’s peculiarity lies in the opportunity to prolong the deposit contract for the term appropriate to client (from one to 24 months). Besides, with each prolongation of the deposit contract the interest rate, valid at the given moment in accordance with the contract conditions, will increase for 0,2% per annum.
As the Department of the Bank Deposits and Payments of Natural Persons informed: "We suppose that the "Loyal" deposit will be in demand by our clients since its conditions allow to place assets for a short period with the opportunity to replenish the sum of the deposit. Presently the deposit rates, depending on the deposit term, can run up to 17,5% in the local currency, 12,2% in USD and 9,7% in EUR."
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