OREANDA-NEWS. On April 19, 2007 Raiffeisen Bank Aval has introduced two new deposits for representatives of small and medium business (SME) — "SME-Capital" and "SME-Leader".

It is reported by the Bank’s PR Department with reference to the SME Department, reported the press-centre of  Raiffeisen Bank.

As was reported, the new kinds of deposits have been introduced with consideration of SME clients’ needs, and they provide different possibilities for entrepreneurs, who have decided to save and enlarge their temporarily free funds.

In particular, the deposit "SME-Capital" foresees interest capitalization: interests are accrued monthly and added to the deposit principal, what permits a depositor to gain an extra profit. In addition, a depositor is able to replenish his deposit at any time convenient.

While placing his funds on the deposit "SME-Leader", an entrepreneur may choose a scheme of having his interests added: on a monthly basis or in the end of the deposit period. Besides, a deposit agreement stipulates the possibility of replenishment of a deposit.

Funds on each of these deposits may be placed in hryvnias, US dollars or euros for the period from one month to one year and longer.
Interest rates on the deposits depend upon their amount and their period.