BIB Offers New Deposit Program
OREANDA-NEWS. August 07, 2013. Investment liquidity is a crucial aspect that our customers think about. Taking into account ever-growing demands for liquidity, we have devised a new deposit program for those interested in a more liquid product than a standard deposit. With "33 Day Notice Deposit", you may withdraw the full amount by giving us a 33-day prior notice of your intended withdrawal. Unlike current accounts, your deposit will earn a stable income. "33 Day Notice Deposit" offers a far higher rate than a standard one-month deposit.
“Currently, the following tendency becomes overtly evident: higher balances in customer current accounts. In modern economy, more focus should be placed on the availability of temporarily money than could be quickly channeled towards business needs. Our new deposit program not only suits this particular purpose, but also looks quite interesting are represents a double benefit to our customers, namely, provides both liquidity and income”, says a member of Bank’s Board Dinars Kolpakovs.
"33 Day Notice Deposit" is a deposit of unlimited duration and is especially convenient for customers who cannot foresee urgent financial needs. You may replenish your deposit account as often as you like. Interest that the deposit earns is automatically added to the account at the end of each 3-month period. As capitalized interest increases your principal, this boosts income from your initial investments.
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