TODAY.AZ / Business

Bank Respublika increases interest rates on euro deals

18 January 2007 [00:51] - TODAY.AZ
Azerbaijan's Bank Respublika has increased interest rates on euro transactions to 12%.

The maximum interest rate is allowed on the condition that deposits of more than ?2,000 are put for 12-24 month-period.

Interest rate on savings under ?2,000 is 11.2 annually.

Bank's Office in Baku told the APA that AZN, USD, EUR savings can be put for 1 to 18 month-period there is no limit for bank savings and customers are free to increase or decrease their deposits.

Customer can take the interests every month, quarter, half-year, year or at the end of deposit period.

URL: http://www.today.az/news/business/35074.html

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