Raiffeisenbank Launches Summer Deposit Campaign

31 May 2012
• Flexible terms and increasing interest rate on “Deposit 3+3” in BGN and EUR
• Participation in a raffle for cash prizes when opening a deposit
Raiffeisenbank launched a deposit campaign under the motto “Protects against Burning”, in which the customers can open a “Deposit 3+3” and take part in a raffle for one of the 13 BGN 200 prizes. To participate in the raffle one should open a new “Deposit 3+3” for over BGN 1,000 or EUR 1,000 in the period of 1 June – 31 August 2012.
In line with the motto of the summer deposit campaign, free samples of small a sun protection product and scratch cards will be given out at key sights in Sofia, Varna, Bourgas and the seaside resorts. With the scratch cards people can win beach accessories, which can be received at Raiffeisenbank’s offices in the towns and resorts mentioned above.
Within the campaign, the interest rate on “Deposit 3+3” in the second three-month period reaches 4.50% p.a. for deposits in BGN and EUR. In the first three-month period the interest rate stands at 2.50% p.a. and the interest rates are valid for deposits of over BGN 25,000 or EUR 25,000. For deposits under this sum the interest rate in the second three-month period comes to 4.25% p.a., and for the first one – to 2.25% p.a.
“Deposit 3+3” is divided in two three-month periods, with the interest rate increasing in the second period. Customers can withdraw and deposit money at the end of each of the two three-month periods and the interest for the first period is capitalized on the sum of the deposit. At the end of the second three-month period, in case the client does not open a new “Deposit 3+3”, the deposit is automatically renewed as a standard three-month deposit in the respective currency. The minimum sum for opening a “Deposit 3+3” amounts to BGN 500 or EUR 250.