VTB (Azerbaijan) Launched Deposit with Long Term Savings

Bank VTB Azerbaijan has expanded its line of deposits for individuals new deposit product Universal with a long term savings - up to 36 months. Such conditions are favorable with the average timing of the deposits forming usually 1-2 years.

The minimum deposit is 300 manats. Term of placements varies from 6 to 36 months. Replenishment is allowed during the first half of the term of the deposit, with the minimum amount 100 AZN USD. If the deposit amount exceeds 1000 AZN USD as a bonus depending on the amount of the deposit provided debit cards: Visa Classic and Visa Gold.

Payment of interest is carried out either at the end of each month. Charges are held on request of the client to the current account or the card account.

Director of the Department of Retail Business Development Ilnur Salyakhov: "Our deposit will allow customers to place surplus funds on favorable terms. In fact, the new product is a financial designer, through which you can get to work any money , using these or other options : deposit amount , term deposit, with additional contributions , partial early withdrawal, periodic payments of interest , rollover of deposit and other conditions . In addition, to the deposit can get a credit card , which will bear interest on the deposit , which allows our customers to save time , not spending it to visit the bank. In addition to the above listed under the current deposit, to deal with financial issues and the preservation of accrued interest on the deposit , you can get a credit line with favorable interest rates."

JSC VTB Bank (Azerbaijan) is a subsidiary of VTB Bank. The shareholders of JSC VTB Bank (Azerbaijan) are JSC VTB Bank and JSC AtaHolding. JSC VTB Bank (Azerbaijan) provides services to corporate businesses, small businesses and private clients. The bank is now represented by 4 branches and the Office of Customer Service at Head Office. -15D -