Ural Bank for Reconstruction and Development raises interest rates

19 October 2007 (12:40)

The Ural Bank for Reconstruction and Development raised the interest rates on its Premium deposit scheme. This type of deposit provides for an increased interest rate in the last two months of the deposit period. Now the annual interest rate comes to 14% in the fifth and sixth month of the deposit period in Yekaterinburg and a number of other cities, the bank’s press officer reports.

The minimum amount of money one can deposit comes to 5,000 RUR, $200, or (200. The interest is calculated on a monthly basis, and the customer is free to either withdraw this money or keep it with the bulk of the sum, whereupon the interest is capitalized, and you get to keep it even in case of early termination. Besides, you can top up your account any time.


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