Azerbaijani Unibank launches new campaign

Azerbaijani Unibank launches new campaign

Azerbaijan, Baku, Oct. 30 / Trend /

The "A Gift to Everyone" campaign starts at Unibank on 1 November and will apply to all customers who have term deposits made out for the terms ranging from 6 to 24 months, the company said on Oct. 30.

From now on, all the Term Deposit holders in the Bank can choose gifts worth 1% of every 1,000 in their deposits. Every Term Deposit holder can get a gift worth up to AZN 1,000 during the campaign term, that is, from 2 November till 28 February. Below are given the deposited amounts and the relevant gifts:

·       - AZN 1,000 to AZN 3,999 - mobile phone talking unit cards;

·       - AZN 4,000 to AZN 99,999 - a gift coupon worth 1 percent of every 1,000 in the deposit amount, usable when shopping at the BEKO, MOBITEL, DNS, SABINA, MAJORICA, CAMEL ACTIVE, TOM TAYLOR, SALAMANDER, STEFANEL and BALDININI store networks;

·       - Over AZN 100,000 - the MC PLATINUM plastic card with AZN 1,000 in the card account.

In case of simultaneous opening of several term deposits the concerned customers of Unibank will be given the gifts in the quantity matching the total amount of the deposits they open. If deposits are in different currencies, their total amount will be converted to AZN based on the rate of exchange set by the Central Bank of Azerbaijan.

"We are trying to incentivise our customers with the special gifts that they can choose for themselves in this campaign," said Guney Akhundova, Retail Business Development Supervisor with Unibank.

According to Akhundova, apart from the gifts, Unibank also offers the depositors the optimum interest rates across the whole existing deposit range, and in three currencies simultaneously (AZN, USD and EUR).

"I am certain that the depositors will appreciate the merits, such as the diversity and the profitableness of deposits in Unibank," Akhundova said.

All the Term Deposit holders will be able to deposit their money to profit at the following rates of interest:

Deposit Terms

Interest Accrual

Monthly

Semi-Annually

Annually

At Deposit's Maturity

AZN

USD

EUR

AZN

USD

EUR

AZN

USD

EUR

AZN

USD

EUR

6 months

12

12

-

-

-

-

-

-

-

12,6

12,6

-

12 months

14

14

9

14,5

14,5

9,2

-

-

-

15

15

9,4

18 months

14,5

14,5

9

14,8

14,8

9,2

-

-

-

16

16

9,6

24 months

15

15

9

15,5

15,5

9,2

16

16

9,4

17

17

9,8

Unibank joined the Azerbaijan Deposit Insurance Fund (ADIF) on July 30 2007. The deposit portfolio of Unibank equalled approximately 100 mn manat at the beginning of October 2009. The retail deposits in Unibank showed the growth by 18.4 percent during the past six months.

On Oct. 30, the official exchange rate is 0.8032 manat to $1.

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