Bank Of Baku

Bank of Azerbaijan launches new deposit product

Bank of Azerbaijan launches new deposit product
# 01 June 2009 13:25 (UTC +04:00)
Baku. Elnur Guseynguluev - APA-Economics. Bank of Azerbaijan has launched a new deposits product called “Rahat Deposit”.

The deposit term is one year, interest rate 14% per annum accrued on principal, said the bank.
Under the terms, depositors can withdraw interests each month. Besides, the depositor can get a credit line amounting up to 30%, 50% or 70% of the deposit at an annual interest rate from 12%.
Further information could be found at www.bank.az and by calling 175.
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