DnB NORD Bankas Changes Time Deposit Rates
OREANDA-NEWS. November 18, 2008. Taking into account changes on international and domestic money markets DnB NORD Bankas, a member of international banking group shall change term deposit rates, reported the press-centre of DnB NORD Bankas.
Starting November 18th for individual customers AB DnB NORD Bankas shall pay 0.40 percentage point higher rates on over two month maturity litas time deposits. Term deposits in litas, whith the maturity of over six months shall see the most significant increase.
For term deposits in US dollars and euro AB DnB NORD Bankas shall pay to individual customers respectively 0.77 percentage point and 0.60 percentage point lower rates on average starting November 18th.
AB DnB NORD Bankas pays 0.25 percentage point premium on standard rates on deposits placed via Internet so, for example, the annual rate for six-month time deposit in litas for individual customers will increase up to 8.00 percent starting November 18th.
The shortest term to park deposit in AB DnB NORD Bankas is two days when using the bank’s internet banking system and 30 days when placing the deposit in the bank’s outlet.
Customer deposits held within AB DnB NORD Bankas are secured by the state company “Deposit and Investment Insurance” in accordance with the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania.
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