OREANDA-NEWS. March 01, 2011. Universalbank private open joint-stock commercial bank launched new deposit for individuals "Bahor" on the threshold of International Women's Day 8th of March.

The client can deposit own funds for the period of 6 or 12 months. Individuals can deposit in cash or cashless form. The deposits are accepted from 1 March until 30 April 2011.

The initial fee of new termed deposit is unlimited. The interest is paid monthly and is not capitalized, the deposit size can be increased by additional fees.

Universalbank palns to launch 1-2 new types of deposits for population monthly, by monitoring the needs of depositors and improving terms of current deposits and attracting free funds into bank's capital turnover.

Presently, Universalbank offers to individuals over 19 types of deposits in national currency and three types in foreign currency. The bank is a member of the Fund for Guaranteeing Citizens' Deposits and guarantees 100% return of money funds.