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Raiffeisenbank offers 12.50 % interest rate on Structured deposit with a guaranteed principle
12 October 2006
Raiffeisenbank launches its new product – Structured deposit, which gives an opportunity to its clients to get a significantly higher profit than the one on the standard term deposits.
The Structured deposit with a principle and minimum profit guaranteed are offered in EUR and USD for term of 6 months. The payment of a maximum interest rate depends on the EUR/USD exchange rate. For example, if this range remains between 1.2200 and 1.3200 during the 6-months term of a USD deposit, the bank will pay interest rate of 12.50 % p.a. If the exchange rate reaches one of the levels, the clients will get a guaranteed minimum profit of 1.50 % p.a.
The minimum amount of the Structured deposit is USD/EUR 5000. The clients can apply for the deposit in all 90 Raiffeisenbank’s offices in the country.
