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Bank of Azerbaijan to launch new product

Business Materials 1 June 2009 13:53 (UTC +04:00)

Azerbaijan, Baku, June 1 / Trend /

Azerbaijani Bank of Azerbaijan launches a new product -Rahat deposit since June 1.

"One can place deposit in our bank and use of the funds at any time. The access to the fund is carried out through a credit line, which is opened in the sum equal to 30, 50 and 70 percent of the total volume of the deposit," the bank said.

Deposit percents are 14 percent annually. The minimum term of deposit is one year. One can take deposit percents monthly. The percentage rate on credit line is from 12 percent.

For further information enter: www.bank.az, or connect with the Information Centre through dialing 175.

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