OREANDA-NEWS. July 27, 2012. Uniastrum Bank has changed the terms of its Access deposit option. From now on, an Access CD ruble/dollar/euro account is available for a period of 3 months to one year, with holders earning interest of 10.5% APR irrespective of the deposited amount or how long the account is opened for, reported the press-centre of Uniastrum.

A minimum deposit is required of 50,000 rubles or 3,000 dollars or euros. Interest is accrued monthly by compounding the balance or by crediting the account. For customers who close their account early, interest is calculated in rubles at 5% APR.

Between July 15 and September 15, Uniastrum is running a promo program for depositors resident in the Moscow region. Anyone opening an Access account will automatically receive a special gift.

The Bank is offering exclusive terms for loyal customers3 placing money on deposit. Until August 31, 2012, those who opt to extend an Access, Big Interest, Pension Plus or Multicurrency deposit receive an extra 0.5% on the existing rate, whatever the currency.

“At the start of this year our retail deposit portfolio was dominated by 1-year placements,” notes Uniastrum Vice President Susanna Uzunyan. “Since then we’ve expanded our product range by offering new deposit initiatives and improving the terms governing our existing programs, including short-term options.”