In October 2019, Credit Dnipro Bank increased its retail portfolio of term deposits in UAH by UAH 33 million - up to UAH 1.4 billion. The best dynamics were demonstrated by deposits for 3, 6 and 12 months. In October, the financial institution's overall retail portfolio, including current and card accounts, increased by UAH 64 million to UAH 3.4 billion, of which 57% was in national currency.
Time deposits account for more than 70% of the retail funds portfolio, of which almost three-quarters of deposits are placed for a term of six months or more.
“October has been a productive month for our retail deposit portfolio,” says Oleg Pakhomov, Deputy Chairman of the Board - Retail Banking Director at Credit Dnepr Bank. - The main gain came from the segment of fixed-term deposits in national currency, in particular due to the effect of the deposit campaign on World Savings Day, in which we encouraged all depositors with an additional bonus of + 1% on the rate. As a result, our clients received up to 18.75% annual fair revenue, which became a worthy assessment of their financial rationalism and confidence in the national currency as a tool for saving and raising funds. ”
Credit Dnipro Bank proposes to make a deposit for a period of 23 to 450 days in UAH and 90 to 719 days in foreign currency in any branch or remotely through the FreeBank online banking system, which is encouraged by an additional 0.5% in 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 prolongation can be made 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 after its expiration, Visa Classic payment card, as well as access to the FreeBank Internet banking system.
You can find more detailed information about deposit offers of the Credit Dnepr Bank at the link