OREANDA-NEWS. On May 18, 2009 Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed time deposit rates for individual customers, reported the press-centre of AB DnB NORD Bankas.

Starting from 18th of May AB DnB NORD Bankas for individual customers while placing time deposit in the branch in LTL for 3, 6 or 12 months period will pay 6.20, 7.50 and 8.35 percent of annual interest respectively. Interest rates for a shorter than one month period are raduced by aproximately 0.30 percentage points.

Starting from May 18th short term deposits rates denominated in euro will be aproximately 0.20 percentage point lower.

For USD term deposits for individual customers short term interest rate will be approximately higher by 0.03 percentage points.

For customers who place term deposits via DnB NORD Internet banking system the bank will pay its customers 0.25 percentage point premium on standard rates so, for example, the annual rates for popular one-year time deposits for individual customers will increase to 8.60 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.
Deposits of customers 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.