Kreditprombank Reports on Activity of Depositors in 1Q
OREANDA-NEWS. April 23, 2009. According to information provided by the Director of Retail Business Development Department Reznikov D.A., in the first quarter 2009 depositors of Kreditprombank placed their funds on deposit accounts in amount of one billion two hundred million hryvnas (in hryvna equivalent), reported the press-centre of Kreditprombank.
Substantial part of funds placed on deposit accounts are replaced matured deposits which means the continuation of mutually beneficial cooperation between permanent clients and the bank. Moreover, both new depositors and existing clients placed their own temporarily free funds in the bank.
Positive attitude of the clients of Kreditprombank in the recent time was conditioned by the auctions of the National bank on sale of foreign exchange to the population for loan repayment as well as national currency rate stabilization. For the same reasons the trend of deposit withdrawal for their further conversion in foreign exchange stopped.
Today, like some time ago, depositors of the bank are attracted by the terms and conditions of deposit campaign “Invest and Grow!” (the term of its validity was extended till 31 May) which allow substantial increase of existing deposit interest rate (up to 5%) due to regular and not big (compared to the amount of deposit) replenishments of the account.
Bank's clients are also offered an attractive loyalty programme; Kreditprombank provides its depositors with the opportunity to buy foreign currency at NBU rate subject to its further placement on deposit account for term over three months.
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