OREANDA-NEWS. September 04, 2008. Maryna Savchenko, Director for Savings and Cash Settlement Transactions of JSCIB “UkrSibbank”, reported the press-centre of UkrSibbank.

To make the right calculation of maximum yield on the deposit one should take into account inflation rate and exchange rate fluctuations in case it has to do with a deposit in currency different from the currency of principal earnings.

 If your salary is in UAH and you would like to place it to a bank deposit the yield can be calculated quite easily. Inflation rate for the period of 7 months made up 14.9% (according to State Statistics Committee of Ukraine) supposing that it doesn’t increase significantly till the end of the year (or stays at the same level) and taking into account that UkrSibbank offers interest rate on 12 months bank deposit up to 17% p.a., income on the deposit will cover your inflation losses and bring profit.