OREANDA-NEWS. October 19, 2011. PRAVEX-BANK improved conditions on deposits in UAH and now interest rate is till 14%.

In a wide range of the proposed deposit products each Client can choose the type of deposit which completely meets his/her needs, reported the press-centre of PRAVEX-BANK.

"Pravex-Non-Stop" — that is a deposit for 1 month, which is automatically prolonged. The accrued interest are added to the amount of savings on a monthly basis and capitalized. To refuse automatic prolongation Client needs just to inform Bank's branch till 20th day of the month and already on the first day of the next month Client can receive the whole amount with the accrued interest. Moreover, Client has the possibility to replenish his/her deposit account within the whole agreement validity. Additional advantage of the deposit is the fact that if funds are kept on the account for over 12 months Client receives a bonus interest rate in addition to the standard one. Deposit rates on the product are: 9,0% p.a. in UAH, 1% — in USD, 0,5% — in EUR.

"Pravex-Record" — that is a savings type of current account, which was specially developed for Clients that want to have free access to their funds. The deposit product allows replenishing and withdrawing funds from account without any restrictions, at this, interest rate is till 13% p.a. in national currency and will depend upon the period of funds keeping on account. 

Moreover, we would like to offer "Pravex Standard" deposit product with monthly payment of interest. Deposit rate on this deposit makes up till 14% p.a.

One more product is "Pravex Capital", interest of which are capitalized and paid at the end of agreement validity. The offer is attractive for those depositors which want to make a reserve for extraordinary expenses or make expansive purchases in future.

In the result, each of the proposed products in aggregate with reliability and stability of PRAVEX-BANK (Bank of Intesa Sanpaolo Group ) will provide to Clients not only wide choice in a number of deposit products but also  confidence that funds will be kept safe and multiply.

Deposits are the best mean for saving as it allows multiplying funds and keeping them safe from inflation. At present we have rather high UAH deposit rates and if Client opens deposit for a year that will allow him/her fixing rather good deposit rate and securing him/herself and his/her funds from the influence of market processes. Also, PRAVEX-BANK has "Club of permanent clients" and if a person draws up deposit not for the first time 0,5% is added to the rate. Moreover, if depositor wants to draw up loan with our Bank we will be more loyal towards him/her as towards the borrower as well as towards Client who uses other Bank's services", — Taras Kyrychenko, Head of Retail Division of "PRAVEX-BANK", summarized.