Credit Dnepr Bank in June 2019 increased the portfolio of retail clients' funds in UAH to UAH 9.75 million - to over UAH 1.96 billion. The best dynamics was demonstrated by time deposits for 3 and 7 months, as well as a portfolio of current and card accounts in the national currency. The total retail portfolio of the financial institution is 3.6 billion UAH. Term deposits form more than 70% of the portfolio of individuals' funds, of which almost 75% of deposits are placed for a period of six months or more.
"We continue to focus on attracting the hryvnia resource by redirecting it to the demanded customers and a highly profitable for the bank retail consumer lending program," said Oleg Pakhomov, Deputy Chairman of the Board, Director of Retail Business at Bank Credit Dnepr. - The share of deposits in the national currency since the beginning of the year increased to 55% due to flexible terms of placement and favorable price conditions: the profitability of our deposits in the national currency is up to 17.5% per annum, which is one of the best offers on the market. "
Credit Dnepr Bank offers to arrange a deposit for a period of 23 to 450 days in UAH and from 90 to 719 days in foreign currency in any branch or remotely through the Free Bank Internet Banking system, which is encouraged by an additional 0.5% to the hryvnia rate and 0.2% - in US dollars. The minimum deposit amount is only 500 UAH, 100 USD, 100 EUR upon registration through Free Bank. The interest payment scheme - monthly or at the end of the deposit - is chosen by the client independently, taking into account their priorities and financial plans. Automatic extension of the deposit can be made an unlimited number of times on the actual date of the prolongation of the deposit, unless the depositor decides to refuse this option. If you wish, the depositor can open the "Unlimited Classic" card package free of charge, which includes a current account in the currency of the deposit, which accrues interest and returns the full amount of the deposit after its termination, a Visa Classic payment card, as well as access to the Free Bank Internet Banking system.
For more information about deposit retail offers of Bank Dnipro Credit you can see the link.