Nikoil | Bank Raises Interest Rates on Deposits of Individuals

From May 1 raised interest rates on deposits placed in local and U.S. dollars for a period longer than 12 months.

According to the official report of the Bank, for some types of deposits interest rate rise has reached 1%, the average interest on deposits in ADS rose 0.7%.

Thus, the interest rate on standard deposits in AZN for 12 months is 12%.

To date Nikoil | Bank offers the public some of the highest in the market interest rates on deposits in the currency EURO.

It was also noted that, to date Nikoil | Bank offers the public a flexible range of deposits to meet almost all requirements: these contributions, some part of which goes to charity, that the contributions to the capitalization of interest, with the possibility of advance interest, as well as children's savings deposit that can be opened in favor of the minor. In line includes deposits with a term of 1 to 36 months, with various options to receive interest monthly, quarterly and at the end of the term.

Each contributor Bank will automatically become participant of the annual New Year's lottery and get a chance to win valuable prizes.

We remind you that under the terms of the Azerbaijan Deposit Insurance Fund deposit placed in an amount up to 30 000 AZN and the interest rate to 12%, inclusive, is insured.

Nikoil is a universal financial institution that represents the population of a wide range of banking services. The total amount of the deposit portfolio of April 30, the bank is 105 418 thousand AZN. - 15D -