OREANDA-NEWS. On March 06, 2009 Taking into account changes in domestic and international money markets AB DnB NORD Bankas, a member of international financial group, has changed corporate time deposit rates, reported the press-centre of DnB NORD Bankas.

Starting from 6th of March AB DnB NORD Bankas increase annual rates to corporate customers for USD time deposits longer than 3, 4 and 5 months respectively by 0.10, 0.10 and 0.20 percent.

Short and long term LTL and EUR time deposits bank shall pay accordingly 0.10 and 0.34 percentage point for LTL and 0.31 and 0.39 percentage point for EUR lower rates on average.
For corporate customers who place term deposits via DnB NORD Internet banking system the bank will pay 0.25 percentage point premium on standard rates so, for example, the annual rates for popular one-year time deposits will increase to 10.85 percent.

The shortest term to place deposit in AB DnB NORD Bankas is seven days when using the bank’s internet banking system and 30 days when placing the deposit in the bank’s outlet.
Customer deposits held within AB DnB NORD Bankas are secured by the state company “Deposit and Investment Insurance” in accordance with the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania.