OREANDA-NEWS. June 24, 2010. Sviaz-Bank has developed a deposit calculator for legal entities for working out the profitability that corporate customers can achieve by placing their uncommitted funds in time deposit accounts, reported the press-centre of Sviaz-Bank.

Customers can compute their profitability at current time deposit interest rates all by themselves by selecting the currency, amount, deposit term, frequency of interest payment, and the possibility of withdrawing funds before the end of the deposit term.

“We have introduced this new Internet service for the convenience of our corporate customers who can now compute the efficiency of their deposits on-line and choose an optimal deposit product out of options available that is most suited to the needs of their businesses, and, in this way, save the time to make a decision to place funds in a deposit account,” said Yevgeny Tyurikov, Sviaz-Bank’s Vice President and Director for Corporate Sales.