OREANDA-NEWS. April 13, 2009. Parabank continues to create profitable deposit types taking into consideration needs of people. Now Parabank established new "Labour Deposit" in order to take care of retired people. For investing money to "Labour  deposit" citizens must present their identification card and pensioner card.

The purpose in this deposit type is to increase the profits of our pensioners and to take care of health of persons who devoted all their life to development of our state. Pensioners invested this deposit type can increase their amount 17.5% (AZN) or 18.5 % (USD) during the year. Minimum amount for pensioner's deposit must constitute 200 AZN / USD and it accepts during 6, 9, 12 months. Moreover, pensioners investing deposit will obtain life insurance. This type of deposit is presented for use of pensioners since April 01, 2009.

It must be noted that "Parabank" JSC is the member of Foundation of Deposit Insurance since July 2007.