Credit Dnepr Bank has increased its portfolio of retail clients' funds by UAH 286 million in the third quarter of 2018
11 October 2018
Credit Dnepr Bank in the third quarter of 2018 increased the portfolio of individuals' funds, taking into account current and card accounts for UAH 286 million. The volume of term deposits increased by 9%. Term deposits form 73% of the portfolio, with 85% of deposits placed for a period of six months or more. From the beginning of the year, the amount of money depositors entrusted to the financial institution grew by UAH 334 million to UAH 4.14 billion.
"The positive dynamics of attraction both for hryvnia and for currency contributions is ensured by a combination of a convenient line of deposit proposals, favorable conditions for placement of funds and a high level of service," said Oleksandr Stezko, Head of the Department of Product Development and Retail Business Projects of the Bank Credit Dnepr. - The leaders became our new term deposits in UAH for the period of 4 and 7 months, which showed more than double growth for the quarter. After analyzing market trends and customer preferences, we optimized the terms and conditions of term deposits and today we offer depositors a profitability of up to 17.5% per annum in UAH, up to 5.7% per annum in US dollars and up to 3.7% per annum in euro, which allows our clients to carry out financial planning with minimum inflationary and devaluation risks ".
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. 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.