OREANDA-NEWS. October 11, 2011. From October individuals can benefit from a new product - “Ascendo” deposit available in all Banks branches. The new deposit offers a possibility to invest funds in foreign and local currencies for a long term, for a period of 7 years, reported the press-centre of EXIMBANK.  

The savings product combines the advantage of a high interest rate, depending on the amount of the deposit, with the possibility of replenishment or partial withdrawal of the deposit principal. Thus, individuals can get an annual interest rate up to 14.0 p.a. in Moldavian lei and up to 7.5 p.a in EURO and US Dollars. In case of early withdrawal of the deposit, the interest paid for the last 12 months is deducted from the amount of the deposit. Along with this fact, the “Ascendo” deposit provides maximum flexibility, by allowing transfer of the interest to a current or card account or interest capitalization.

Launching the long term time-deposit, EXIMBANK - Gruppo Veneto Banca extends the range of deposit products to individuals, providing to different groups of clients advantageous solutions for saving and increasing funds.