Credit Dnepr Bank in February 2019 increased the portfolio of individuals' funds in hryvnia by UAH 33.5 million
06 March 2019
Credit Dnepr Bank in February 2019 increased the portfolio of retail clients' funds in UAH by UAH 33.5 million - up to UAH 1.97 billion, including the portfolio of term deposits - by UAH 9.6 million, the amount of funds on current and card accounts - on 23.9 mln UAH Since the beginning of the year, the portfolio of term deposits in UAH has increased by UAH 44 million, with the best dynamics demonstrated by deposits placed for 7 months - their volume increased by UAH 50 million. Term deposits form 76% of the portfolio of individuals' funds, of which almost 80% of deposits are placed for a term of six months or more.
"Significantly higher profitability of deposits in the national currency against the backdrop of macroeconomic and exchange rate stability is increasingly motivating depositors to prefer hryvnia as a tool for bank savings," said Oleksandr Stezko, Head of the Retail Banking Development Division of the Bank's Credit Dnepr Bank. - Our bank guarantees up to 18.5% per annum for term deposits in hryvnia, which is one of the best offers on the market. The maximum profitability of deposits for a long time is not accidental: we need sustainable resources to lend to the population and business as a prerequisite for a stable 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 of 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.