OREANDA-NEWS. December 12, 2013. FIRST CZECH-RUSSIAN BANK informs that following the general trend of lower interest rates on the market, there will be a reduction in interest rates in roubles on fixed term deposits of the Bank for individuals for a period of 181 days or more.

Interest rates on deposits in Russian roubles will be reduced: for 181 days by 0.1%, for 271 days by 0.3%, for 367 days, 732 days and 1101 days by 0.6%. For other periods of time, interest rates will remain unchanged.

The maximum interest rates in roubles on the Classic deposit are 10.5% (for 367 days); on the Money-Box deposit - 10.05% (for 367 days); on the Optimal Plus deposit - 8.1% (for 367-500 days); on the Income deposit - 10.4% (for 367 days) and on the Pension deposit - 10% (for 367 days).

Interest rates on deposits in foreign currency will remain unchanged.

From 10.12.2013 interest rates in roubles will also be lowered on the seasonal deposit The Czech Republic is Closer. Interest rates on deposits in Russian roubles - 9.55-9.95% (9.75-10.15% with a bonus for long-term customers).* In case of early termination of the contract, provided that the funds were in the deposit for more than 367 days, from December 10, 2013 the following interest rates will be paid in roubles: for 368-732 days - 9.7%; for 733-1100 days - 9.3%.

More information can be found in the Deposits section

*For customers who, at the time of the opening a The Czech Republic is Closer account, signed an agreement to purchase at least one of the following of the Bank’s products: a term deposit, current account, safe deposit box rental, or a loan, the rate on the deposit will increase 0.2% p.a. in roubles.