Azerbaijani bank introduces two new deposits

Business Materials 12 January 2011 14:35 (UTC +04:00)

Azerbaijan, Baku, Jan. 12 / trend N. Ismayilova /

Azerbaijani Bank Avrasiya introduced two new types of deposits - "Classic" and "Savings", the bank said.

"Classic" is placed at an annual rate up to 14 percent. "Savings" is taken at a rate of up to 11 percent. Both types of deposits are received for 6, 12 and 24 months in manat, dollar and euro.

The clients are provided with free plastic cards. They can also open the credit line amounting to 80 percent of the deposit amount.

Bank Avrasiya is a member of Azerbaijan Insurance Fund of physical entities' deposits.

Bank Avrasiya has been operating since November 2007. The first branch of the bank has been operating in Sumgait since April 2009.