Bank Of Baku

Rabitabank applies new deposit type

Rabitabank applies new deposit type
# 20 April 2010 08:20 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan –based Rabitabank has supplied a new deposit type named Universal Advance with opportunity of getting of previously interest.
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%

 



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.
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