In June 2020, Credit Dnipro Bank increased the portfolio of time deposits of individuals in the national currency by UAH 28 million

09 July 2020

In June 2020, Bank Credit Dnipro increased its portfolio of time deposits of retail customers in the national currency by UAH 28 million to UAH 1.4 billion. Deposits for 3 and 12 months showed the best dynamics. The total retail portfolio of the financial institution exceeds UAH 3.3 billion, of which 60% are funds in the national currency. 67% of time deposits, of which 53% are placed for periods of six months or more.

"The positive dynamics of time deposits in June is a good sign that shows the trust of our customers and their desire to carry out financial planning with maximum benefit," said Denis Mikhov, Business Development Director of Credit Dnipro Bank. - Our current deposit rates - up to 11.5% per annum in UAH and up to 1.75% in foreign currency - are traditionally one of the best market offers, and flexible placement dates and the ability to manage funds remotely create for customers the optimal deposit configuration as the most convenient and safe investment instrument ".

Bank Credit Dnipro offers to make a deposit for a period of 23 to 450 days in UAH and from 23 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 rate in UAH and 0 , 2% - in US dollars. The minimum deposit amount is only 500 hryvnias, 100 US dollars, 100 euros when registering through FreeBank. The client chooses the interest payment scheme - monthly or at the end of the term of the deposit - independently, taking into account his priorities and financial plans. Automatic prolongation of the deposit can be carried out an unlimited number of times at the current rate on the date of prolongation, if the depositor does not decide to abandon this option. If desired, the depositor can open a free card "Unlimited Classic", 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 and access to FreeBank Internet banking.

You can read more about deposit retail offers of Credit Dnipro Bank by following the link.