BTA Bank Raises Rates of Deposits for Individuals
OREANDA-NEWS. On May 25, 2009 new terms and conditions for deposits, which allow private customers to have more freedom in terms of depositing funds, became effective at LLS “BTA Bank”. One of the most popular offers of BTA Bank - the Narodny (People’s) deposit – now pays 18,3% per annum when opening an account for a 2-year term. The initial amount of deposit is just 15 thousand rubles, reported the press-centre of BTA Bank .
Moreover, rates are raised, terms for deposits are extended and minimum amounts of opening decreased in respect to Doxodny (Profitable), Udobny (Convenient) and Progressivny (Progressive) deposits. Now, when depositors have almost any of their accounts with LLS “BTA Bank” opened (exclusive of Narodny one), they have an opportunity to independently determine terms of deposits with one-day accuracy and enjoy a guaranteed profit due to the high interest rate even if the deposit term is minimum.
In the near future LLS “BTA Bank” intends to launch another offer in the market, which is going to reflect modern tendencies in the market of deposits for individuals. This is going to be a deposit with advance accrual and interest payment. Thus, LLS “BTA Bank” gives its customers the opportunity to deposit their funds with a high interest rate under minimum requirements in respect to terms and the initial amount of deposit.
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