OREANDA-NEWS. March 6, 2009. The Bank of Moscow has announced introduction of a "Bank Birthday" deposit. The deposit is to be opened for 1 year at an interest rate of 12% per annum. During the last month of the term, an increased interest rate of 14% per annum accrues. The deposits can be opened only in Russian roubles.

The minimum deposit is 50 thousand roubles and no additional replenishments are envisaged.

"By introducing this new type of deposit, we would like to remind clients of our anniversary. Today we offer our clients a good yield on a deposit that is exceptionally reliable, as it confirmed by the Bank’s 14 years of successful operations on the Russian finance market", says Irina Nikitenko, Vice President of the Bank of Moscow.