OREANDA-NEWS. Sberbank has launched the new deposit “Memory of Generations” to commemorate Victory Day. The maximum interest rate on the deposit totals 7% per annum. Memory of Generations can be opened in all Sberbank offices that provide services for individuals and in the internet bank Sberbank Online from April 13 until May 31, 2017.

If the deposit amount totals from 10,000 to 1 million roubles, the interest rate will be 6.4% per annum, and if the deposit amount exceeds 1 million roubles, the interest rate will be 7% per annum. The deposit term is three months.

After the accrual of interest for the main term of the deposit, 1 rouble of each thousand roubles on the deposit will be transferred to the charity foundation “Memory of Generations”.

“This year we continue our tradition of launching special products to commemorate Victory Day and suggest that our clients open the ‘Memory of Generations’ deposit,” said Managing Director of Sberbank’s Retail Business Block Maxim Styopochkin. “This deposit has attractive conditions and allows depositors to support the charity foundation Memory of Generations, which provides targeted aid to our veterans.”