OREANDA-NEWS. From 1 September 2009, Ukio bankas sets new interest rates on time deposits in litas, euro, US dollars and pounds sterling for both private and corporate clients, reported the press-centre of Ukio bankas.

Ukio bankas increases interest on 7-month and greater maturity time deposits by 0.1 percent. Interest on lesser maturity deposits in litas is decreased from 0.4 to 0.9 percent. Meanwhile interest rate on deposits placed in euro, pounds sterling or US dollars will fall from 0.7 to 0.9 percent.

Ukio bankas clients placing deposits in litas for a 12-month and longer term will receive 9.6 per cent in interest, for 6-month deposits – 8.6 percent and for 3-month deposits – 8.1 percent.

Ukio bankas offers an interest of 5.10 percent on 12-month or greater maturity deposits in euro and pounds sterling, 4.6 percent – 6-month deposits, and 4.35 percent – 3-month deposits. In the meantime the Bank pays 3.1 percent in annual interest on 12-month and greater maturity deposits, 2.6 percent – 6-month deposits, 2.35 percent – 3-month deposits in US dollars.

Time deposits placed via the internet banking system Eta bankas will yield from 0.1 to 0.2 percent higher interest: interest on 1 to 12 month time deposits is increased by 0.1 percent, and that on 12-month and longer term deposits – 0.2 higher annual interest.

According to unaudited data, during the first half-year of 2009 Ukio bankas Group earned LTL 6.2 million in net profit.