OREANDA-NEWS. Starting from November 7, 2007 the Bank of Moscow raised its Prestige deposit rates, the press service of the bank announced. Changes in the terms of attraction of money to the Prestige deposit depend on the term and the currency of the deposit: for a term from 271 days to 366 days — the increase in roubles is 0,4%, while in dollars it is 0,2%. — for a term from 367 to 550 days — the increase in roubles is 0,7%, in dollars - 0,4%. Furthermore, the minimum initial installment amount for the deposit payment has been raised from 250,000 RUB to 400,000 RUB (from 9,000 to 15,000 USD/Euro, respectively).

"Today we announce a rise in the deposit rates for one of the most popular time deposits offered by the Bank of Moscow with the purpose of maintaining the competitiveness of our range of deposits as well as for attracting new clients who will be interested in having a stable financial income at a reliable bank, " said the Head of the Depositary and Loan products of the Bank of Moscow Аlbert Andrianov.

Over the first 9 months of 2007 the deposit amount for the category of individuals, taking into account the deposits kept on plastic cards, averaged 110,7 billion Rbs. The Bank of Moscow offers its clients a range of term deposits differentiated according to a time of deposits and returns. In addition to this, the depositors of the Bank will be able to use the service package 'Udobny', which provides for issuing of credit cards with a credit limit equivalent to the primary installment amount to special categories of the clients.