OREANDA-NEWS. On May 12, 2009 People's Bank state commercial bank developed new saving deposit "Bolajon Kelajagi" (Child's Future).

The bank opens deposits for children under 16 in national soums from parents and other adults. The interest rate for deposit, which is opened at least for a year, is set at 14% APR.

Parents can receive soft educational credit if they save at least 25% of credit sum, the bank said.
The bank said there is no limit for additional payments.