Credit Dnepr Bank for the 7 months of 2018 has increased the portfolio of retail clients' funds by UAH 180 million

21 August 2018
Credit Dnepr Bank offers retail clients a convenient line of deposit offers, favorable conditions for placement of funds and a high level of service. As a result, the deposit portfolio of individuals taking into account current and card accounts increased from the beginning of the year by UAH 180 million - up to UAH 3.98 billion. Term deposits form over 70% of the portfolio, with 85% of deposits placed for a term of six months or more.
 
"Since the beginning of the year our hryvnia portfolio of term deposits has increased by more than UAH 100 million. This is a significant resource for lending to business and the population, - said Oleksandr Stetsko, head of the development of products and projects of retail business of Bank Credit Dnepr. - The best dynamics of deposits regularly shows the term deposits in hryvnia. For today it is the most profitable tool of savings and protection of funds from inflation. Our exclusive offer for placing money in national currency for seven months with a maximum yield of up to 16.5% per annum is particularly popular with depositors: for three months the amount of this deposit exceeded UAH 319 million, and its share in the portfolio reached 25%, catching up with traditionally popular 6-month contributions. More than a third of deposits are placed for a period of 12 months. "
 
The Bank offers to place a deposit from 30 to 450 days in any branch or remotely through the FreeBank Internet Banking system, which is encouraged by an additional 0.5% to the hryvnia rate. The minimum deposit amount is 25 thousand UAH at the time of registration in the branch and only 500 UAH at registration through FreeBank. Payment of interest is made monthly or at the end of the deposit term - at the customer's choice. An automatic extension of the deposit is provided, which can be carried out for an unlimited number of times under the current interest rate extension. If desired, the depositor may refuse automatic prolongation.
 
For more detailed information on deposit retail offers of Bank Dnipro Credit you can see the link.

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