News of the Bank

PRAVEX-BANK increased interest rates on deposits in national currency and euro

In the beginning of October the rates on deposits in national currency and euro in PRAVEX-BANK increased.

So, the rates on deposits in national currency increased in average on 0,8% annuals, rates on deposits in euro increased in average on 0,6% annuals and rates increase concerns both short-term and long-term deposits. So, clients can get on deposits of PRAVEX-BANK in euro by 10% annuals and on deposits in national currency — up to 16% annuals.

"The growth of interest rates on deposits together with their high reliability makes deposit in PRAVEX-BANK an even more attractive form of funds investments and, correspondingly, leads to constant increase of the number of our clients. Key factor influencing interest rates change is a season increase of business activity of population and, as a result, banks get a demand to increase the amount of attracted money funds", — commented Svitlana KRAMAROVA, Head of deposit operations department.

PRAVEX-BANK is a bank-participant of the Fund of individuals' deposits guaranty since 1999 and, being an exclusively stable and reliable partner, was attracted many times by the Fund for payments of compensations to depositors of other banks.