OREANDA-NEWS. The Bank of Moscow has announced a change from 1 April 2013 in its ruble interest rates on Beneficial" and "Convenient" deposits.

The maximum return on the "Beneficial" deposit has been raised to 9.59% per annum and that on the "Convenient" deposit to 8.57% per annum. This increase was yet another step towards improving the client service conditions, following introduction at the end of March of the "Maximum Income" deposit, with an interest rate of up to 11.07%. The best rates for clients are paid out on terms of over one year.

"We are endeavoring to establish long-term and mutually beneficial relations with our clients", commented Natalya Konovalova, Vice-President and Director of the Retail Products Department of the Bank of Moscow. "Today, the Bank of Moscow combines work experience, the reliability of a state-owned bank, a ramified network of branches and, undoubtedly, high service standards."

All Bank of Moscow deposits are insured.