OREANDA-NEWS. September 02, 2010. On the eve of the 19th anniversary of the independence of Uzbekistan, Samarkand open join-stock commercial bank developed two new deposits in national currency.

One of them is "Oltin koz" timed deposit. The deposit period is 12 months, the interest is paid at the rate of 30% APR. The interest is paid monthly.

Also the bank introduced "Favorit" savings deposit with the interest rate at 15% APR. The deposit period is unlimited, the depositor is entitled to reduce or increase the size of the deposit.

To be noted, in accordance with preferences and benefits provided by legislation, individual incomes in types of bank deposits are not taxed; deposit means are protected by Fund for Guaranteeing Citizens' Deposits in Banks.