OREANDA-NEWS. May 30, 2014. FIRST CZECH -RUSSIAN BANK would like to inform that starting from April 23, 2014 the Bank has increased interest rates on fixed-term deposits for private individuals by 0.2% for deposits in Russian rubles and by 0.25% for foreign currency deposits.

The maximum interest rate on the deposit entitled Klassicheskiy (Classic) for a period of 1 year will be set at 10.7% per annum in rubles, 5.55% per annum in U.S. dollars, and 5.3% in euros.

Also from April 23, 2014 the bank will raise interest rates on the seasonal deposit called Vesna (Spring) and the Multivalyutniy (Multicurrency) deposit opened in rubles and foreign currency.

The maximum interest rate on the seasonal deposit called Vesna (Spring), as part of which customers get a chance to get a gift, get a Visa debit card on favorable terms, and in the event of early termination of the deposit agreement to keep high interest rates, will be set at 10.65% per annum in rubles, 5,53% in U.S. dollars, and 5.28% in euros (for a term of 367 days).

The maximum interest rate on the Multivalyutniy (Multicurrency) deposit, as part of which customers get a chance to efficiently manage their savings by converting funds from one currency to another without loss of interest, will be set at 10.45% per annum in rubles, 5.3% per annum in U.S. dollars, and 5.05% in euros (for a term of 367 days).