OREANDA-NEWS.  February 08, 2012. Just in time for spring holidays Universal Bank launches new deposit products that offer high interest rates and flexible terms of money allocation: “45 Day term deposit” and” New deposit up to 21%”.

The “45 Day term deposit” can be opened in UAH. The minimum deposit amount is UAH 1,000, while the maximum amount is unlimited. The interest rates depend on the deposit amount and vary from 20.50% to 21.0% per annum in UAH. Interest on “45 Day term deposit” is paid at deposit maturity.

 
The “New deposit up to 21%” can be opened in UAH, USD and EUR for a period of three months. The interest rate increases every month and reaches 21.00% in UAH, 9.00% in USD and 8.00% in Euro at the maturity date. The minimum deposit amount is UAH 5,000, USD 1,000 or EUR 1,000 while the maximum amount that can be placed is unlimited.

Interest rate on “New deposit up to 21%” is paid on a monthly basis with the possibility to capitalize the interest by adding it to the principal balance. Should a premature withdrawal of the partial or full deposit amount be required, the Bank pays an interest accrued on full calendar month, which is one of the key benefits that the new product offers to clients.

“Today opening bank deposits is one of the safest and most reliable ways to save and earn extra money as it guarantees stable income in the form of accrued interests on a deposit. We are glad to offer our clients new deposit products under even better terms and  more attractive interest rates“, said Panagiotis Sarantopoulos, Head of Deposit Department at Universal Bank.