Trastbank Introduces New Deposit Product
OREANDA-NEWS. October 11, 2010. Trastbank private open joint-stock exchange bank has introduced a new deposit product in national currency (soums) named "Murabbiy".
The deposit period is 150 days. Interest is paid monthly or at the end of the deposit period.
Notably, the incomes of individuals on deposit certificates, state securities, as well as interest on deposits in banks are not taxable.
Moreover, all the funds accumulated at the deposits are under the protection of the Fund for Guaranteeing Citizens' Deposits in Banks, while the payments on deposits are ensured fully irrespective of their amounts.
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