OREANDA-NEWS. May 11, 2009. New terms of deposits for private customers became effective at BTA Bank: for deposits named “Convenient”, “Progressive”, “Pensionary”, “Elite”, “Elite +” ruble rates were raised. For a number of deposits a more flexible line of terms of funds placement was set up, reported the press-centre of BTA Bank.

Moreover, BTA Bank made terms for the People’s deposit (Narodny deposit) better: now one of the most popular deposits of BTA Bank may be opened for the term starting from 31 days.   

Terms of the Elite and Elite + deposits became more attractive. In addition to higher rates of remuneration, the initial sum of deposit opening and the minimum balance sum were decreased for the Elite + deposit - down to 1 million rubles (30 thousand US dollars or euros). The line of terms of funds placement was expanded for the Elite and Elite + deposits: now both “elite” deposits may be opened for the term starting from 31 days.

Moreover BTA Bank offers a pay card (its issue and maintenance to be free of charge during the term of the deposit) to all term deposits* at the customer’s choice: Visa Classic Unembossed or Visa Classic/MasterCard Standard. This offer is valid for all term deposits except for the Elite and Elite + deposits, which suggest special tariff plans named “Silver”, “Gold” and “Platinum”.

The change of terms for term deposits of individuals is the result of orderly marketing policy of BTA Bank intended to form an attractive competitive product line for individuals. In the near future the Bank intends to launch more offers reflecting the most up-to-date trends in the bank deposit market.