Credit Dnepr Bank in the first quarter of 2020 increased its portfolio of individuals by UAH 67 million

09 April 2020

In January-March 2020, Credit Dnepr Bank increased its portfolio of term deposits of retail customers by UAH 23 million, the best dynamics were demonstrated by deposits in hryvnia for 4 months and in US dollars for 3 months. The portfolio of current and card accounts of individuals for the same period increased by 44 million UAH. As a result, the total portfolio of retail customers in the first quarter increased by 67 million UAH, exceeding 3.4 billion UAH.

Fixed-term deposits form about 70% of the portfolio of individuals' funds, of which 57% of deposits were placed for periods of six months or more.

“While our investors are temporarily in quarantine, their money works and generates income of up to 13.5% per annum in hryvnias and up to 1.75% per annum in foreign currency,” says Denis Mikhov, business development director of Credit Dnepr Bank. - Caring for the health of our customers, we recommend managing savings remotely. Thanks to our FreeBank Internet banking service, you can make or prolong a deposit for the desired term without leaving your home online, transfer funds to other accounts at the end of the deposit term, pay for goods and services, provide financial assistance to those who are especially in need today ".

Credit Dnepr Bank offers to issue a deposit for a period of 23 to 450 days in hryvnia and 90 to 719 days in currency at any branch or remotely through the FreeBank online banking system, which is encouraged by an additional 0.5% to the rate in hryvnias and 0.2 % - in US dollars. The minimum deposit amount is only 500 hryvnias, 100 US dollars, 100 euros when registering through FreeBank. The interest payment scheme - monthly or at the end of the term of the deposit - the client chooses independently on the basis of their preferences and financial plans. Automatic prolongation of the deposit can be carried out an unlimited number of times at the current rate on the date of prolongation, if the depositor does not decide to refuse this option. If desired, the depositor can open the “Unlimited Classic” card package free of charge, which includes a current account in the deposit currency, on which interest is accrued and the full amount of the deposit is returned after it is over, Visa Classic payment card, as well as access to the FreeBank online banking system.

For more information about deposit retail offers of Credit Dnepr Bank, please click here.

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