Bank Credit Standard Offers New Deposits
OREANDA-NEWS. December 04, 2008. Bank Credit Standard expanded spectrum of its retail services. The bank said individuals now can deposit their money and receive stable and guaranteed income.
The bank is a member of Fund guaranteeing deposits of population, resources of which formed due to fees of commercial banks.
Bank Credit Standard offers two new deposits – term and on demand. The bank said the client chooses currency and term of deposits. The deposits received in national currency, US dollars, euros and British pounds.
Deposit on demand is deposits without term, which is returned on demand of deposit. Term deposit is deposit with set interest rate and returned to depositor after the end of term. In case of necessity, the client can get money back ahead of schedule. The interest rate set 14% APR.
Bank Credit Standard was opened in August 2003 with the charter capital of 1.3 billion soums. The assets of the bank as of 1 January 2008 made up 218 billion soums. As of 30 September 2008, the bank's equity capital reached 29.4 billion soums.
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