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Subsidiary of International Bank of Azerbaijan activates new deposit

Business Materials 18 July 2009 13:44 (UTC +04:00)

Azerbaijan, Baku, July 18 / Trend /

The subsidiary company of the International Bank of Azerbaijan IBA- Moscow activated a new Elite deposit, the bank said.

Interest rates on deposit in ruble is 17 percent, in dollar - is 13 percent and in euro - 12 percent for a year. Term of the deposit covers 12 months.

The minimum amounts of deposit are15 million rubles, $500,000 and €500,000.

Depositor has the right to legalize the bank's card Visa Platinum in deposit currency (in case of absence of this) without service fee for deposit duration and Visa Gold / MasterCard Gold in deposit currency without initial payment and service fee for deposit duration.

IBA-Moscow is a subsidiary company of the International Bank of Azerbaijan, operating as the first and only bank with 100 percent of Azerbaijani capital in Russia.

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