OREANDA-NEWS. Starting from April 7, 2009 BTA Bank offers a new term deposit for private customers called Narodny. While the sum of initial deposit is rather small and totals RUB 15 ths, customers gain high income totaling 17% per annum, reported the press-centre of BTA Bank.

The deposit is opened for the tenor of 365 days. Interest payment is performed monthly onto the current account with the use of the banking card or onto the current account. Customers, who open the Narodny deposit, enjoy a present – Visa Electron plastic card with free-of-charge issue and maintenance during the first year.
 
Moreover starting from April 1, 2009 BTA Bank raised rates for term ruble-and-foreign-currency-denominated deposits for private customers. Interest rates rose 0.5-1 point depending on the term and type of the deposit. Now the maximum income for some ruble-denominated deposits is 17%,  foreign-currency-denominated   – 12.5% per annum.