OREANDA-NEWS. From October 21, 2014 the Bank of Moscow increased interest rates on a season deposit and deposits of a basic line in Russian roubles.

Maximum profitability of a seasonal deposit (Interest Take-off) for retail customers in Russian roubles was increased and amounted to:

- for the first 150-day interval - 7% per annum;

- for the second 150-day interval - 10% per annum;

- for subsequent 150-day interval - 12% per annum.

Interest on deposits of a base line (Maximum Income, Maximum Growth, Maximum Comfort) in Russian roubles have also been increased compared to the previous maximum rates. So, the maximum profitability of Maximum Income deposit at its opening in offices of the Bank amounts to 9.65% per annum.

In addition, if the deposit is opened through the Internet banking system the customer can get an extra bonus in the form of 0.3 percentage points per annum in Russian roubles, at that the maximum profitability amounts to 9.98% per annum.

"The Bank of Moscow is very sensitive to changes in the financial market, offering the most favourable conditions for deposits in the market to its clients, - commented Alyona Tuzova, the Deputy Director of Retail Banking Department of the Bank of Moscow. - Today, the Bank of Moscow is a combination of the reliability of a state-owned bank, actual proposals for clients and, of course, high standards of servicing."

The Bank of Moscow is a member of the statutory individual bank deposit insurance system. All deposits of the Bank of Moscow are insured.