OREANDA-NEWS. March 13, 2012. From March 5, 2012 Piraeus Bank raised deposit rates on term deposits in hryvna for individuals on 0.5-1% per annum. In particular, the rates for "Standard" deposit for the tenor of 12 months increased on 1% to 17% -17.5% per annum depending on the amount of deposit. Rates for deposits "Pension" (up to 18% per annum for a tenor of 12 months), "Interests upfront" (to 14.75% for the placement of 6 months) and "Take it higher" (20% per annum) increased also.

Thus, for the deposits in national currency the customers of Piraeus Bank can receive up to 20% per annum in hryvna, up to 10% per annum in US dollars and up to 8% per annum in Euro.

Piraeus Bank also offers better conditions of funds allocation for the existing customers. Thus, a client who owns a pension account in the bank, or customer, who opened "Christmas mood" deposit, receives an increased rate on deposits (for 0.5% per annum). Also, when placing a deposit amounting to more than UAH 350 thousand, the interest rate on deposits "Standard" and "Pension" increases by 0.5% per annum.

Piraeus Bank deposits range is designed so that the bank’s customers can choose the exact type of placing their funds that meets their needs the best:
Savings account with high interest rate and ability to withdraw funds at any time;
Classic term deposit with interest paid on maturity or monthly;
Deposit with interest paid in advance;
Deposit with interest rate that grows every month.

"We always follow market trends and try to offer our customers the best terms that allow us to satisfy the most demanding investors. Placing funds on deposit accounts in the bank with the highest rating of deposits’ reliability, customers multiply their money and protect them from devaluation", - Olexander Gnilenko, Piraeus Bank in Ukraine retail banking department deputy director, said.