OREANDA-NEWS. September 22, 2010. Bank SNORAS offers to residents and companies to rationally allocate the available funds by acquiring the currently unmatched in Lithuania three-year saving investment product – the Balanced Investment Basket, reported the press-centre of Bank SNORAS.

The Balanced Investment Basket is an opportunity for natural and legal persons to independently allocate their funds and to earn the largest possible profit by taking into consideration the acceptable risk degree. The Balanced Investment Basket comprises the Growing Interest Deposit Certificate and index-linked notes, whose weight in the basket can be chosen by the client himself. It depends on which portion of the funds you want to allocate for safe saving that guarantees the fixed interest and which portion for riskier investment but that of an unlimited increase.

“We offer to residents and companies a very simple and liquid financial instrument providing a possibility to earn more than from a time deposit, without assuming a high investment risk and taking into consideration individual needs of the users. This product offered by the bank guarantees to the clients a fixed revenue and thereby provides an opportunity not to miss a chance to earn from recovering markets,” says Remigijus Bartaska, the director of Bank SNORAS Investment Business Division.

The concept of the Balanced Investment Basket provides the bank clients with an opportunity to create an individual investment basket and to balance it while taking into consideration the acceptable risk degree and individual needs. Besides, the Balanced Investment Basket is a liquid product because there is a possibility to sell the entire investment basket or a part of it prematurely by choosing which portion and which amount you want to sell. “For example, if there is a favourable situation in the market and the price of index-linked notes increased, you can sell them and gain a profit, while continuing to keep the Growing Interest Deposit Certificate. If the market price and the price of index-linked notes drops, however, an investor needs money, it is expedient to sell the Growing Interest Deposit Certificate for the foreknown price and to keep the index-linked notes until the expiration of the term, thereby not incurring any loss,” advises R. Bartaska.

The Balanced Investment Basket will be distributed to customers in all branches and branch outlets of Bank SNORAS on 15 September – 12 October 2010.

The Balanced Investment Basket comprises the Growing Interest Deposit Certificate, which guarantees 5 per cent annual interest norm (after keeping the deposit certificate until the redemption date), as well as the index-linked notes of the investment bank “Finasta”, which belongs to Bank SNORAS group for over a year, linked to Euro STOXX Banks index of the shares of the Euro Area banks.

The Balanced Investment Basket is the first general investment product created by Bank SNORAS group. “We are seeking to achieve the best result for clients with our combined work and efforts. Bank “Finasta” is a specialized investment bank having a strong team of analysts due to which today we can offer promising investments to clients,” emphasizes the director of Bank SNORAS Investment Business Division.