OREANDA-NEWS. On July 15, 2009 BTA Bank is launching to the market a new deposit called Urozhainy (High-Yielding) suggesting high profitability under a short term of funds placement. A deposit, opened for 61, will earn 15.5% per annum, for 91 days – 16% per annum and for 181 days – 17% per annum, reported the press-centre of BTA Bank.

Every customer, who opens the Urozhainy deposit, will be given a present, which is a bank card Visa or MasterCard with free-of-charge issue and service during the whole term of deposit. The category of the bank card is determined subject to the deposit amount.

The Urozhainy deposit is opened in Russian rubles. The minimum deposit amount is 15 thousand rubles. Interest is accrued at the end of the deposit term onto the current account of the customer.

 - The Urozhainy deposit is intended for customers, who are at the present moment not quite sure of stability of their financial condition. They do not want to open a deposit due to their concern that they may loose their interest in case of early termination, - says Andery Tretiakov, Executive Director at BTA Bank. – Taking into account the market situation we have developed a democratic deposit, which my be opened for a short term – from 61 days but interest rates remained high.

The Urozhainy deposit suggests tacit extension. Thus, the customer can prolong the “short” deposit without having to make an extra visit to the Bank.

BTA Bank has also improved conditions for deposits in foreign currency: the remuneration rates in US dollars and euros have been increased 0.5-1.5 interest points for the Pensionny (Pensionary), Multivaliutny (Multicurrency), Dokhodny (Profitable), Udobny (Comfortable) and Progressivny (Progressive) deposits.

Moreover the minimum amount of deposit replenishment for the Udobny deposit was decreased from 30 thousand till 1 thousand rubles.