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Vozrozhdenie Bank raises interest rates in Russian rubles on My Benefit deposit

Vozrozhdenie Bank has raised interest rates on the My Benefit deposit, the bank informed.

Now the interest rate on a 3-month deposit is 6.7% (effective rate is 6.74%), the maximum rate on a 6-month deposit is 6.9% (the effective rate being 7%), the interest rate on a 1-year deposit is 6.9% (the effective rate being 7.12%).

The bank has also improved other terms and conditions on the My Benefit deposit: interest is now paid monthly, instead of the end of the deposit period.

The minimum deposit amount is RUB 10,000 / $300 / EUR 300. Besides the above periods, the deposit can be opened for 32, 547 or 731 days in Russian rubles, for 1,095 days in foreign currencies. No replenishment or partial withdrawals is allowed.

Vozrozhdenie Bank (V.Bank, tax number: 5000001042) founded in 1991 is among 30 major banks of Russia. The bank's ADRs have been trading on international stock markets since 1997. Vozrozhdenie Bank joined Russia's compulsory deposit insurance system in 2004.

"AK&M", 12.02.2019 13:45


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