News of the Bank

PRAVEX-BANK increased interest rates on deposits of individuals and legal entities

At the beginning of June PRAVEX-BANK increased rates on deposits of individuals : in USD on average 0,5%, then maximum level of interest rates in this currency increased by 12% p.a.; on deposits in EUR — on average 0,6%, and maximum rate increased by 11,5%; in national currency — on average 0,9% (maximum level of profitability — 18% p.a.).

Rates on deposits of legal entities increased as well: in USD on average 0,9%, deposit in EUR — 0,6%; in national currency — on average 1,8% (on deposits for the term of 3 months). Today PRAVEX-BANK offers its clients the following level of interests rates on deposits of legal entities: in USD — by 12%; in EUR — by 11%, and in national currency — by 17,5% p.a.

"At present the most reliable way of saving and multiplication of monetary funds is banking deposits, as it is guarantee of stability. Growth of interest rates on deposits of PRAVEX-BANK, for fair, stimulates confidence of population and gives positive effect to demand and dynamics of funds inflow to the deposit accounts. Our bank guarantees safety of monetary funds that people trust us, and the main advantage of our deposits — is clarity of all conditions on every deposit and simplicity together with multifunctionality", — noted Svitlana KRAMAROVA, Head of deposit operations department of PRAVEX-BANK.

We would like to remind that since 1999, PRAVEX-BANK, being exclusively stable and reliable partner, is permanent participant of the Fund of individuals' deposits guaranteeing.

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