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Turkmenistan’s Senagat bank introduces new deposits

Finance Materials 6 May 2020 20:48 (UTC +04:00)
Turkmenistan’s Senagat bank introduces new deposits

BAKU, Azerbaijan, May 6

By Jeila Aliyeva - Trend:

Turkmenistan’s Senagat bank has introduced new deposits, Trend reports with reference to Neutral Turkmenistan newspaper.

Altyn Asyr bank card provides for receiving cash via ATMs, as well as conducting non-cash payments. Income on the cash balance is 5 percent per year.

The bank offers the following types of deposits:

New manat - New life deposit: 10 percent per year, with shelf life of one year. The minimum contribution amount is 2,000 manat ($572).

Target contribution for children: 6 percent per year, shelf life is until the child reaches adulthood.

Care for parents: 10 percent per year; shelf life is from 6 months to one year.

Health of the people is the wealth of the country: 5 percent per year; shelf life is from 6 months to 1 year.

Children are our future: 7 percent per year; shelf life is 1 year.

Profitable: the amount of the minimum deposit is 1,000 manat ($286); shelf life is from 1 month to 1 year, the interest rate is from 1,5 percent to 9 percent per year.

Senagat Joint-stock commercial bank has also offered to pay for the phone, TM CELL, CDMA, IP-TV mobile phones, medical insurance and internet services by using payment terminals, both in cash and non-cash forms.

Address: Turkmenistan, Ashgabat, Turkmenbashi avenue 126.

Phone: (+993)12 46-88-12.

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Follow the author on Twitter: @JeilaAliyeva

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