OREANDA-NEWS. August 31, 2011. The new rates on savings accounts "Easy Business" and "Business +" will enter into force on September 15, 2011

On September 15, 2011 the interest rates on savings accounts "Easy Business" and "Business+", including the existing treaties, will be changed. Interest rates will be set as follows:

Savings account "Business+" Currency Interest Rate
HRYVNA 7.00 % per annum
U.S. DOLLAR 3.50 % per annum
Euro 2.50% per annum


 Savings account "Easy Business"Currency Interest Rate
HRYVNA 8.00 % per annum
U.S. DOLLAR 4.00 % per annum
Euro 3.00 % per annum


"Despite the slight decrease in interest rates on savings accounts for business customers, accounts "Easy Business" and "Business+" remain among the most attractive offerings on the market, - Alexander Gnilenko, Piraeus Bank in Ukraine deputy director of retail business department, said. - These programs combine the advantages of term deposits because of the high interest rates, and the current account that enable to withdraw funds at any time without restrictions on the number and amount of transactions."

Detailed information about the new accounts’ rates can be obtained at any Piraeus Bank branch, by calling the Call Centre (0 800 30 888 0) or by sending a question using the feedback form.

Note. Piraeus Bank is one of the major banking institutions of Southern and Eastern Europe with assets of EUR 56.6 bln and total equity of EUR 4.3 bln (as of 31.03.2011). Established in 1916, Piraeus Bank today has presence in Greece, Ukraine, Romania, Bulgaria, Albania, Egypt, Serbia, Cyprus as well as in the world financial centres of New York and London. Piraeus Bank S.A. leads Piraeus Bank Group, which consists of 10 banks and 21 companies covering the entire range of financial services.

 In Ukraine Piraeus Bank provides a full range of banking services to individuals, small and medium enterprises and corporate clients.

 Piraeus Bank is a member of Association of Ukrainian Banks, participant of the Fund of Guaranteeing the Deposits of Individuals. The Bank is also included in the list of banks authorized by the Pension Fund of Ukraine to make payments of pensions and financial assistance.
 Piraeus Bank has the highest rating of deposits reliability provided by “Credit-Rating” Agency since March 2009 (grade “5”; updated on 02.08.2011), that shows the bank's capacity to make payments on existing deposits timely and in full. The Bank has "uaA" long-term credit rating with the forecast "stable" provided by “Credit-Rating” (updated on June, 21 2011). This long-term rating belongs to the group of investment ratings that is one of the highest ratings given to banks operating on the Ukrainian market.