Credit Dnepr Bank for the summer increased the portfolio of retail customers' funds by UAH 315 million
10 September 2018
Credit Dnepr Bank in August increased the deposit portfolio of individuals taking into account current and card accounts by 104 million UAH thanks to a convenient line of deposit offers, favorable terms of placement and high level of service. Since the beginning of the year, the amount of money depositors entrusted to the financial institution grew by UAH 283 million to UAH 4.1 billion. Term deposits form over 70% of the portfolio, with 86% of deposits placed for a period of six months or more.
"Despite the traditional period of summer lull in the deposit market, we are satisfied with the dynamics of borrowings: during the summer months, the retail funds portfolio grew by UAH 315 million, only in August it added over UAH 100 million," said Alexander Stecko, Head of Product and Project Development Retail Banking Credit Dnepr Bank. - Separately I would like to draw attention to the popularity of our depositors of our exclusive offers of placement in the national currency for 4 and 7 months, which in August showed the best dynamics - more than 20% growth. Given that more than a third of deposits in UAH are for a period of 12 months, we increased the yield on this kind of deposits to 16.5% per annum, which is one of the best offers on the market and allows our clients to minimize inflationary risks in the long-term financial planning »
The Bank offers to place a deposit from 30 to 450 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 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.