Megabank to Promote Retail Deposits
OREANDA-NEWS. November 25, 2008. Megabank attracts personal savings with revised deposit terms by offering 22.5% APY in UAH, 13.5% in USD and 11% in EUR, reported the press-centre of Megabank.
Viktoria Podgorna, Deputy Chairwoman reported: The core policy of our bank is to tailor the best match of our programs to our clients needs. With us, you can deposit your savings for as short as two months.
While these days are seeing slag in deposits because public is in fear to save with [national] banks for a long term, we encourage to deposit for as short as two months, with extention option. A 2% APY bonus is offered to the effective interest rate if the account-holder decides to extend the term for the sequent month.
Placing your deposit with us, you can benefit from a wide range of interest payment schemes: quarterly payment, monthly payment, interest redemption upon deposit closing, or interest to be monthly credited in the savings account.
Under the customer-loyal program, regular clients get 0.5% APY bonus, if they decide to deposit their savings with us. Megabank is a permanent member of Retail Deposit Guarantee Fund, and it has earned its reputation over eighteen years. And by the way, the deposit insurance is increased to UAH 150 thousand".
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