Bank Credit Dnepr in April 2019 increased the portfolio of term deposits of retail clients in UAH at UAH 10 million, from the beginning of the year - by UAH 55 million to UAH 1.43 billion. In April, the portfolio of current and card accounts in the national currency grew by UAH 69 million, as a result of a portfolio of individuals' funds in UAH per month, showed an increase of UAH 79 million - to almost UAH 2.1 billion. The total retail portfolio of the financial institution, taking into account current and card accounts, exceeds UAH 3.8 billion. Term deposits form 73% of the portfolio of individuals, of which almost 80% of deposits are placed for a period of six months or more.
"Macroeconomic and exchange rate stability has motivated our clients to make financial planning with an emphasis on contributions to the hryvnia, as a result of the share of the national currency in the retail deposit portfolio of the bank since the beginning of the year increased from 51 to 54%," says Oleg Pakhomov, Deputy Chairman of the Board, Director of Retail Banking Credit Dnepr Bank. - Our pricing policy is as much as possible aimed at extending the terms of placement and remote control of them, which is convenient and beneficial for both the client and the bank. Contributions to the hryvnia for the exclusive terms of 4 and 7 months remain the traditional leaders of our deposit line with positive dynamics - their volume since the beginning of the year has increased by 117 million UAH. Profitability of deposits depending on the method and the term of placement reaches 17.5% per annum, which is one of the best offers in the market. "
Credit Dnepr Bank offers to place a deposit for a term from 23 to 450 days in UAH and from 90 to 719 days in currency in any branch or remotely through the system of Internet-banking of FreeBank, 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 FreeBank. The interest payment scheme - monthly or at the end of the deposit - is chosen by the client independently, taking into account their preferences 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 completion, a Visa Classic payment card, as well as access to the FreeBank Internet banking system.
For more detailed information on deposit retail offers of Bank Dnipro Credit you can see the link.