OREANDA-NEWS. March 20, 2012. International Bank of Azerbaijan has increased the deposits on “Gold Deposit” Program by 2.2 times to AZN 1.2 mln, number of deposits – by 33.3% to 44, reported the press-centre of IBA.

Bank says it has started to present this program since November, 2011.

Minimal deposit amount: equivalent of 1 ounce (31,1035 grams) (in accordance with the official price of gold of the International Bank of Azerbaijan on the day of deposit validation)
Deposit period: from 3 months to 12 months. Interest payments are conducted at the end of the period.