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Bank of Azerbaijan raises deposit rates

14 September 2009 14:29 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. From September 11 till October 1st of this year, Bank of Azerbaijan provides a unique opportunity for all Ñustomers during the broadcasting of the popular TV project called Car Show.

Any depositor making an urgent deposit to the Bank of Azerbaijan in that period of broadcasting will get an additional bonus of 1%.

Terms for deposits are given below:

Interest rates in AZN and USD

Deposit TimeÂ	% Â AZN, USD
6 monthsÂ	15% annual rate + 1% bonusÂ
12 monthsÂ	17% annual rate + 1% bonusÂ
24 monthsÂ	18% annual rate + 1% bonusÂ
Over 24 monthsÂ	19% annual rate + 1% bonusÂ

Interest rates in EURO

Deposit TimeÂ	% Â EURO
6 monthsÂ	9% annual rate + 1% bonusÂ
12 monthsÂ	11% annual rate + 1% bonusÂ
24 monthsÂ	12% annual rate + 1% bonusÂ
Over 24 monthsÂ	13% annual rate + 1% bonusÂ

This Campaign will bring the Bank closer to its depositors.

It should be noted that the general sponsors of Car Show project are Bank of Azerbaijan and Qarant SÄ±ÄŸorta Insurance Company.