Hi-Tech Bank Introduces New Deposit with 30-32% APR
OREANDA-NEWS. March 03, 2011. Hi-Tech Bank private closed joint-stock commercial bank is constantly expanding its deposit line. The bank has introduced a new deposit product named "MobileCapital". Money can be stored for 30 and 45 days, while the interest will be paid at 30% and 32% APR respectively.
Hi-Tech Bank was founded in January 2010. It was opened with the announced charter capital worth 5.25 billion soums with the share of individuals comprising 51%.
Priority directions of Hi-Tech Bank's activity is assistance to deepening socioeconomic reforms, financing of small and private business projects, as well as stimulation of formation of a new class of proprietors in Uzbekistan.
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