OREANDA-NEWS. June 28, 2011. AB “Citadele” bankas as of 27 June 2011 determined new deposit interest rates for private and corporate customers.

As of 27 June, the annual interest rate, payable to private customers of “Citadele” bankas for term deposits in Litas, will reach up to 2,4 percent, in Euro – up to 2,3 percent, in US dollars – up to 1,8 percent. The interest rate of term deposits in Litas increased by 0,1–0,35 pp, interest on deposits in Euro increased by 0,2–0,6 pp.

Up to 0,25 pp higher annual interest will be paid for all deposits, prolonged online at “Citadele” internet bank, in accordance with the terms and conditions of loyalty program.

„We increase interest in view of the changes, taking place on the Lithuanian and international financial markets. We want to develop long-term relations with our customers and aspire to ensure that they receive maximum financial benefit. Working at a profit, we offer particularly favorable terms for safe saving“, - said Skirmantas Jareckas, the Member of the Board of the Bank and the Director of the Treasury Department.

About AB “Citadele” bankas:

AS Citadele banka Group has operations in the Baltic countries, CIS, Sweden, Germany, and Switzerland. In Lithuania, Citadele banka Group is represented by AB “Citadele” bankas in liaison with the subsidiary company UAB “Citadele faktoringas ir lizingas” and UAB “Citadele investiciju valdymas”. The network of subdivisions of AB “Citadele” bankas in Lithuania covers 12 customer service offices and Private banking department. AB “Citadele” bankas is the sole official American Express credit card issuer and servicer in Lithuania. Within five months of this year AB “Citadele” bankas Group earned 4,5 million Litas net profit.