OREANDA-NEWS. May 22, 2012. The Bank of Moscow has announced the introduction of a new seasonal deposit called the "Welcome Interest Rate" with bonuses for clients.

Clients receive a welcome bonus amounting to 11% annual interest for the first 90 days of allocation and the current clients (the Bank’s depositors or the Bank’s payroll card holders) are granted an additional 1.25% annual interest bonus being accrued on the last 310 days of the deposit term. The minimum amount of deposit is 15 000 RUR. The deposit term is 400 days.

"Our seasonal offer with an increased interest rate will undoubtedly attract new depositors and will get interested the Bank’s current depositors as well," says Natalia Konovalova, Vice-President – Head of the Retail Product Department of the Bank of Moscow. "We would like to build our relationship with the clients on a long-term basis. And our seasonal deposit is the first step on this way".