The bank pays the interests on deposits on the same day, when the means is placed in bank. The means on deposit types may be placed from 3 months to 3 years in USD, AZN and EURO. Minimum sum is 250 AZN, USD, EURO.
Currency | Period of deposit | |||||
3 monthly | 6 monthly | 12 monthly | 18 monthly | 24 monthly | 36 monthly | |
AZN | 7% | 9% | 13% | 12.5% | 12% | 11% |
USD | 7% | 9% | 13% | 12.5% | 12% | 11% |
EUR | 1% | 4% | 8% | 8.5% | 8% |
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Rabitabank has been in operation since 1993. As of April 1, 2010, bank’s assets made AZN 108 mln, total capital-AZN 16 mln and deposit portfolio-AZN 49mln. The bank operates 6 branches in Baku, 15 branches in regions.