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Azerbaijan International Bank-Moscow introduces two new investments

Business Materials 20 December 2008 16:41 (UTC +04:00)

Azerbaijan, Baku, Dec. 20 / Trend , N.Ismayilova / Since Dec. 19  the Moscow branch of the International Bank of Azerbaijan (IBA) introduced two new investments - IBA-Premium and Multicurrency -Premium, a source from IBA-Moscow reported.

IBA-Premium is realized for 12 months, the interest rate of investment equals to 11.5% in roubles, 12% in USD and 11.5% -in Euro.

The minimum investment sum is 6mln roubles ($200,000 and €200,000). The periodicity of percentage payment on the investment will be realized monthly.

Depositors will be given bank cards of Visa Gold and MasterCard Gold in currency-account for the period of action of investment.

Multicurrency -Premium is issued for twelve months period, the interest rate equals to 14.5% in roubles, 11.5% - in USD and 11.5% - in Euro.

The minimum sum of investment is determined in the sum of 1.5mln roubles ($50,000 dollars, €50,000). Under conditions of bank it is possible to refill the investment with client's willingness and the quarterly percentage transferring equals to the sum of investment.

By the agreement on Multicurrency -Premium three accounts are opened for depositor (one in roubles, second in dollars and the third in Euro). During agreement period it is allowed to realize conversion operations with money resources, which is available on account, and opened on the basis of Multicurrency -Premium agreement, to other accounts, opened on the basis of the same agreement.

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