OREANDA-NEWS. October 18, 2011. Siauliu bankas is increasing annual interest rates in Euros on Time Deposits, Accumulative Deposits and Child’s Deposits. Interest rates are increasing from 0.05 to 0.3 percentage point depending on deposit type, term and amount, reported the press-centre of Siauliu bankas.

Interest rate amounts to 2.5 per cent to depositors who decided to place a Time Deposit in Euros for a period from 4 months to 1 year depending on chosen term.

Siauliu bankas is also increasing interest rates on Accumulative Deposit in Euros for a period from 4 months to 18 months amounting to 2.2 per cent.

Annual interest rate on Child’s Deposit in Euros is also growing to 2.8 per cent.

Exact interest rates of deposits can be calculated in the calculator having typed a sum, period and currency of deposit, which is available on the website of Siauliu bankas.

All the deposits kept in Siauliu bankas are insured in the State Undertaking “The Insurance of Deposits and Investments”.

We do remind that currently a Time Deposit Campaign “Win a Chest with Gold Coins” is taking place, which prize fund can amount even to LTL 100 thousand. During the campaign Siauliu bankas accumulates a prize fund from its own resources: the more depositors place or extend Time Deposit agreements, the bigger amount is accumulated in prize fund “A Chest with Gold Coins”. The main winner will be provided with a half amount of “A Chest with Gold Coins”; the rest sum “Pouches with Gold Coins” will be granted to additional winners of LTL 500 each; it can be hundred of them or even more. The campaign is valid till 21 December 2011 when winners will be selected via the computer selection.