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Azerbaijani Bank to Offers its Clients New Product

Business Materials 11 November 2008 17:22 (UTC +04:00)

Azerbaijan, Baku, 11 November / Trend / Bank Standard offered physical persons a new deposit Premier, which is the urgent deposit with an opportunity to withdraw partially money within the limits of unreduced rest on deposit, replenishment without restriction on sum and with terms of a period of the deposit - from three months to three years, the bank said. In accordance with terms, it is the most profitable deposit in a productive line of Bank Standard.

Minimal sum of primary payment totals AZN / $ / € 10,000. A depositor receives up to 16.5% of annual income at the maximal period of deposit contract. An interest rate ranges from 8.5% to 15.5% on deposits in AZN, from 9.5% to 16.5% in dollars and from 4.5 to 11.5% in euros, depending on sum and period of deposit. The rate functions over all period of deposit and applied on all sums of additional fees.

Interest are charged every month and added to the sum of deposit (become capitalized) which enable depositors to receive maximal income on placed funds. The depositor also can receive interest income every month.

Free VISA Gold or MasterCard Gold payment cards are issued to owners of Premier deposit.

A pack of additional services is planned to increase within the frames of privileged service to depositors of Premier by the end of year, Bank Standard said.

A call-center available at 497 20 90 has been launched for Premier deposit owners.

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