UBRD Offers 8.5% A Year on Savings Deposits

UrBC, Yekaterinburg, November 1, 2017. The Ural Bank for Reconstruction & Development (UBRD) is offering its customers a new deposit scheme with annual interest rate of 8.5% at the start of the winter holiday season. This is a flexible deposit option, as you can both add money to your account and take some cash out, the bank’s press service reports.

The deposit can get opened at any of the bank’s branches, where an expert will do the exact interest yield calculations for you, inform you of all the terms and conditions, and answer your questions. You can also set up the deposit via your e-banking system if you prefer to manage your funds online.

The offer is valid for the bank’s new and existing customer alike.

According to the UBD Liabilities Director Olga Aksenova, quite a few banks tend to offer new deposit options around New Year.

‘Seasonal offers always prove popular because of their better terms. Last year, every one in five new customers chose a deposit scheme we developed specially for the holiday season. We expect the same outcome this year as well,’ Aksenova says.

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