In December 2017, Ukrainians with a view to re-appointment placed almost 2.5 thousand in the Bank Credit Dnipro deposits in the amount of 525 million UAH. The total number of deposits placed during the year exceeded 49.6 thousand. As of January 1, 2018, the total portfolio of personal funds, including balances on accounts and cards, amounted to UAH 3.2 billion.
The high level of trust in the bank is confirmed by the prevalence in the retail deposit portfolio of long-term deposits: today, 87% of term deposits are placed in financial institution for a term of six months or more. Customers respond to the market trend of gradually lowering deposit rates, especially short-term deposits, and seek to capture maximum returns by placing funds on longer terms.
"Our bank offers to retail customers simple and favorable conditions for maintaining and increasing the funds with the help of deposit programs," said Alexander Stezko, Head of the Department for Development of Products and Projects for Credit Dnipro Retail Banking. - Our pricing policy is as much as possible aimed at protecting customers' savings from inflation: so, the interest rate on the contribution in UAH for 12 months exceeds the projected level of annual inflation. Deposit offers in the currency are aimed at depositors seeking to minimize devaluation risks. In general, bank deposits remain the best investment instrument for citizens, and for banks, they are the main source of resources for activating lending. Today, in conditions of insufficient inflow of foreign investments, it is the banks that are the key financial donor of the economy and households. "
For more information about deposit retail offers of Bank Credit Dnipro, please click on the link.