OREANDA-NEWS. April 30, 2009. During the last month the amount of deposits in Parex banka’s Maxi accounts has increased by 2.6 million lats. Since the beginning of this year, almost 5000 Maxi accounts have been opened, 15% of them for new customers. Similarly, the total amount of money both in lats and euros accumulated by this Parex banka’s deposit product has increased, reported the press-centre of Parex banka.

Customers’ trust in Parex banka choosing a more suitable deposit product indicates the stabilisation of economic situation and rising confidence in the future growth of the Bank.

To remind, Maxi account is a very simple cash savings account with a high interest rate, which stands at 8% for lats and 5% for EUR. Additionally, this product is widely available as there are no minimal amount or term requirements and using the Maxi account card the customer is guaranteed a 24-hour access to the accumulated funds.

Recently, rather than choosing long-term deposits, customers tend to prefer more flexible deposit products as they provide a possibility to access the accumulated funds at any time. Maxi account is especially popular among the Latvian residents in the age group between 41-60 years.

Maxi account is used for cash savings while Maxi salary card – for incomes and daily payments. The advantage of using both cards is that if the payment is made with Maxi salary card, the savings on customer’s Maxi account increase by 0.5% of the purchase sum.