Changes to Deposit Interest Rates of Regional Investment Bank
OREANDA-NEWS. On May 12, 2008 interest rates have been changed for deposits in Latvian lats, US dollars and Euro currencies. Taking into account the economic situation in the country, interest rates of deposits in lats for a period from 1 to 9 months have been decreased on average by 0,6%. At the same time, interest rates of deposits in US dollars have increased on average by 0,7%, and for deposits in euros they have increased on average by 1%, reported the press-centre of Regional Investment Bank.
In comparison with interest rates during the previous year, the largest interest rate increases are as follows:
The rates have increased by 1% for deposits in USD for a period of 2 to 3 years (at the moment they constitute respectively 7,25% and 7,35%) with payment of interest at the end of the term, as well as for deposits for a period of 2, 3 and 5 years (at the moment they constitute respectively 7,05%, 7,10% and 7,15%) with payment of interest once a year;
The rates have increased by 1,45% for deposits in EUR for a period of 5 years with payment of interest once a year – currently they constitute 7,15%.
You are welcome to make profitable deposits of your free money resources.
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