In August 2019, Credit Dnepr Bank increased its retail clients' portfolio by UAH 31 million - up to UAH 1.94 billion. The best dynamics were demonstrated by term deposits for 3, 6 and 12 months, as well as a portfolio of current and card accounts in national currency. The total retail portfolio of financial institutions exceeds UAH 3.4 billion. Time deposits form more than 70% of the portfolio of individuals, of which about 70% of deposits are placed for periods of six months and above.
“Our pricing policy in the field of attracting customers motivates clients to place free funds in the national currency for a long time,” says Oleg Pakhomov, Deputy Chairman of the Board - Director of Retail Business of the Bank Credit Dnepr. - Having made a deposit for a period of 6 months through the Internet banking system, the depositor will receive up to 17.75% of annual income, which with a margin covers the level of inflation and, of course, is a good example of pragmatic financial planning.
Credit Dnepr Bank proposes to make a deposit for the period from 23 to 450 days in hryvnia and from 90 to 719 days in foreign currency in any branch or remotely through the FreeBank Internet banking system, 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 hryvnias, $ 100, $ 100 for FreeBank registration. The interest payment scheme - monthly or at the end of the deposit - the client chooses independently based on his preferences and financial plans. Automatic deposit extension can be made for an unlimited number of times under the current rate as of the date of prolongation, if the depositor does not decide to cancel this option. If desired, the depositor can open the "Unlimited Classic" card package for free, which includes a current account in the currency of the deposit, on which interest is accrued and the full amount of the deposit after its completion, the Visa Classic payment card, as well as access to the FreeBank Internet banking system.
You can find more information about the deposit retail offers of Credit Dnepr Bank at the link.