OJSC Unibank announced an increase in interest rates and terms on manat savings.
As reported in the bank, the rate on annual contributions in case of withdrawal of interest income at the end of the period increased by 2.2 percentage points to 12.5 percent, and the monthly receipt of interest income rate will be 12 per cent (an increase of +2%).
The maximum term of manat deposits increased by 12 months, reaching a 36-month period, with the interest rate on three-year deposit interest income at withdrawal at the end of the term of the deposit agreement is equal to 15.7% per annum, the bank said.
Recall that the bank is a member of the Azerbaijan Deposit Insurance Fund, according to the rules of which all deposits above 12 percent per annum are not insured. - 15D -
Economics
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