Ukio Bankas Improves Conditions of Investment Services
OREANDA-NEWS. From 1 November of this year Ukio bankas is improving the conditions of investment services for its clients by reducing the securities custody fee. From now on the minimal fee, LTL 1.6 per month, will be charged for the whole portfolio the client holds, reported the press-centre of Ukio Bankas.
In addition, Ukio bankas is carrying out a campaign during which all clients using investment services will not be charged the securities custody fee for October.
“We aim to ensure attractive conditions of investment services to our clients and reduce the monthly fee of securities custody. We believe that the reduced fees will not only please our present clients but will also encourage others to start using these services,” Ruta Kalasinskaite-Kiskiene, director of Ukio bankas Financial Brokerage Department, said.
Furthermore, for online trading in securities Ukio bankas is applying one of the lowest commissions on the market – a mere 0.12 per cent of a transaction value (the minimal fee is EUR 1.5 in Lithuania, LVL 2 in Latvia, and EUR 3 in Estonia). Investors can use Ukio bankas system of trade in financial instruments upon logging on the Bank’s internet banking system Eta bankas. To this end, Agreements on the Provision of Internet Services and on the Provision of Investment Services have to be concluded.
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