UniCredit Bulbank increases interest rates on deposits
All individual customers of UniCredit Bulbank, who by the end of July pay in at least EUR/USD 1,000 on their existing deposits, will get a higher interest rate for the whole deposit amount. The summer promotional offer is valid only for deposits in EUR and USD for the following deposit products - Standard deposits with maturity of 3, 6 or 12 months; Nine and a Half Weeks deposit and deposit Fan.
The amount of the increased interest rate depends on the volume of the additionally paid in amount on the deposit. The promotional terms and conditions are valid for existing customers of UniCredit Bulbank, who may choose between paying in additional funds on an existing deposit or opening a new deposit with fresh funds, as well as for new customers of the bank. The minimum amount required for opening a new deposit is EUR/USD 1, 000.
The higher interest rate upon additional paying in of funds on existing deposits will apply to the total amount of the deposit. During the promotional period, the customers of UniCredit Bulbank can get an interest rate of up to 5.6% for Standard deposits in EUR with 12 months maturity. (Detailed information on the amount of the interest rate for the various types of deposits is provided in the table below.)
The interest rate for the new deposits in EUR for the households is around 4.66%, according to the data of the Bulgarian National Bank as of 31 May 2011.
„We tried to meet the needs of our customers who prefer investing their funds in deposits - in this way, they will get 100% security for their savings and also a very good profitability", commented Pasquale Giamboi, Head of Retail Banking at UniCredit Bulbank.
Interest rates in EUR
|
Additionally paid-in amount in EUR |
Interest rate % for Standard deposits with 3-month maturity |
Interest rate % for Standard deposits with 6-month maturity |
Interest rate % for Standard deposits with 12-month maturity |
|
1 000 - 2 999.99 |
3.00% |
4.00% |
5.00% |
|
3 000 - 4 999.99 |
3.20% |
4.20% |
5.20% |
|
5 000 - 9 999.99 |
3.40% |
4.40% |
5.40% |
|
above 10 000 |
3.60% |
4.60% |
5.60% |
|
Interest rates in USD |
|||
|
Additionally paid-in amount in USD |
Interest rate % for Standard deposits with 3-month maturity |
Interest rate % for Standard deposits with 6-month maturity |
Interest rate % for Standard deposits with 12-month maturity |
|
1 000 - 2 999.99 |
2.50% |
3.10% |
3.80% |
|
3 000 - 4 999.99 |
2.70% |
3.30% |
4.00% |
|
5 000 - 9 999.99 |
2.90% |
3.60% |
4.30% |
|
above 10 000 |
3.10% |
3.80% |
4.50% |
