Credit Dnepr Bank in 2018 increased the portfolio of individuals' funds in hryvnia by UAH 607 million - up to UAH 2.4 billion

Bank Credit Dnepr in the 4th quarter of 2018 increased the portfolio of term deposits of individuals in UAH at UAH 42 million, from the beginning of the year - by UAH 170 million. The funds of retail clients in hryvnia, taking into account current and card accounts, increased over the year by UAH 607 million, exceeding UAH 2.4 billion. The total amount of money depositors entrusted to the financial institution in 2018 grew by UAH 250 million - up to UAH 4.1 billion. Term deposits form 74% of the portfolio of individuals' funds, with more than 80% of deposits placed for a period of six months or more. "Competition of banks at the expense of the population is high, because they are a key resource for lending," said Oleksandr Stezko, Head of the Retail Banking Development Division of the Bank's Credit Dnepr Bank. - We offer depositors convenient and profitable deposit programs that maximally take into account their financial plans and priorities. The interest rate on time deposits is up to 18.5% per annum in hryvnia, up to 5.7% per annum in US dollars and up to 3.7% per annum in euro, one of the best offers on the market. The bonus program encourages the remote opening and management of deposits, which makes the process more technologically and comfortable for the client. The share of clients' funds placed in UAH is steadily increasing, reaching almost 60% by the end of the year. This will allow us to continue to intensify retail lending as an important tool for supporting consumer demand and economic growth. " The Bank offers to place a deposit for a period of 30 days in any branch or remotely through the system of Internet banking FreeBank, which is encouraged by an additional 0.5% to the hryvnia rate and 0.2% in the currency. The minimum deposit amount is only 500 UAH, 100 USD, 100 EUR upon registration through FreeBank. The interest payment scheme - monthly or at the end of the deposit - is chosen by the client independently, taking into account its priorities and financial plans. Automatic extension of the deposit can be made an unlimited number of times under the actual date of the prolongation rate. If desired, the depositor may refuse automatic prolongation. Unlimited Classic card package, which includes a current account in the deposit currency, which accrues interest and returns the full amount of the deposit after its expiration, Visa Classic card, as well as access to the system of Internet-banking FreeBank. For more detailed information on deposit retail offers of Bank Dnipro Credit you can see the link.