OREANDA-NEWS. On August 15, 2008 Taking into consideration high demand of deposit certificates at existing and potential depositors, Bank Ipak Yuli has registered 15 emission of depository certificates for legal persons, the press-centre of Bank Ipak Yuli reported.

With a view of expansion of product line, terms of the reference under emitted depositary certificates are established in a range from 6 months till 3 years. The size of the interest rate according to financial tools depends on term of the references of certificates and varies from 7 up to 13 percent. It is necessary to note, that the percentage incomes received from accommodation on deposits and got debt securities of commercial banks for the term of from above 1 year, up to the end of 2010 are released from the taxation.

The basis is the Decision of the President of Republic Uzbekistan №ПП-726 from October, 7th, 2007 “About measures on the further development of bank system and involving of free money resources in a bank turn”.

Now the bank Ipak Yuli offers to legal persons following variants of putting of money resources:

1) Urgent deposits in national and foreign currencies, with terms of repayment from 6 months till 3 years (the interest rate is established individually)

2) Savings deposits in national and foreign currencies with an opportunity of an additional payment (the interest rate is established individually);

3) Depositary certificates with for references from 6 till 3 years (the interest rate from 7 up to 13 annual interest rates depending on term of the reference of certificates);

4) Subordinated bonds with for references of 10 years (the interest rate - the rate of refinancing of the Central bank of Republic Uzbekistan plus 1 annual interest rate).