Credit Dnipro Bank in January 2020 increased its portfolio of fixed-term retail deposits by UAH 79 million

12 February 2020

In January 2020, Credit Dnepr Bank increased its retail customers' term deposits portfolio by UAH 79 million - up to UAH 2.4 billion. The best dynamics was demonstrated by deposits in UAH for 6 months. The financial institution's total retail portfolio, including current and card accounts, has exceeded UAH 3.3 billion, of which more than 60% is in national currency. 73% of deposits are term deposits, of which 65% are placed for periods of six months or more.

“We continue to actively involve consumer finance in consumer lending programs, and today we offer yields on term deposits up to 14% pa in UAH and up to 2% in currency, which is one of the best market offers,” says Denis Mihov, Business Development Director of Credit Bank The Dnieper. "Maintaining favorable macroeconomic and monetary conditions creates the potential to further reduce deposit rates, so now is a good time for clients to manage their funds pragmatically and maximally."

Credit Dnipro Bank proposes to make a deposit for a term of 23 to 450 days in UAH and 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 UAH and 0 rates. , 2% - in US dollars. The minimum deposit amount is only 500 UAH, 100 USD, 100 EUR for FreeBank registration. Interest payment scheme - monthly or at the end of the deposit - the client chooses independently, taking into account their priorities 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 refuse this option. If desired, the depositor can open the Unlimited Classic card free of charge, which includes a current account in the currency of the deposit, which accrues interest and returns the full amount of the deposit upon its expiration, Visa Classic payment card, as well as access to the FreeBank Internet banking system.

To find out more about deposit offers of the Bank Credit Dnepr, please click here.

 

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