Finance

Finance

DemirBank presents new â€œYÄ±ÄŸÄ±mâ€ deposit

17 February 2014 09:17 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. DemirBank has expanded its offer of deposits by introducing new “YÄ±ÄŸÄ±m” deposit to customers. The new type of deposit can be opened by depositing the minimum of AZN 10 at a DemirBank branch.

Deposits can be placed in AZN and USD for the maximum period of 20 years. An interest of 5% is added to the deposit annually.

“YÄ±ÄŸÄ±m” deposit has the following advantages: funds can be added at any time, the deposit can be withdrawn fully or partially without a penalty at any time, future financial security of customers, opening the deposit in the name of a 3rd person, etc.

The amount of deposit shall not exceed AZN/USD 10,000. If deposit exceeds this amount, the deposit can be withdrawn or converted to a different type of deposit with DemirBank.