Finance

Home page

Finance

Bank Standard prepares new deposit product for corporate customers

08 February 2011 10:58 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Azerbaijan-based Bank Standard has prepared new â€œLoyalâ€ deposit product for companies which appraise the staffs. According to bank this deposit is designed for corporate customers and was prepared for awarding the companyâ€™s staffs. This deposit has long-term stimulating influence.

Company will sign a cooperation contract with Bank Standard. According to contract, company submits the list of staffs to the bank orders to open deposit account for them. After this, the company adds means in it, regularly. These accounts are opened for 1, 2 and 3 years depending of companyâ€™s wish.

Note that, the down payment is required 10% of monthly salary.

All deposit accounts can be managed only by the company.

Remind that, Bank Standard has been in operation since 1995. The bank operates 16 branches, 67 ATMs and 420 POS-terminals across the country.