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Effective Decision –new deposit program for legal entities - News - OJSC ASTRA BANK

 
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Effective Decision –new deposit program for legal entities

Oct. 14, 2009

ASTRA BANK implemented new type of deposit for legal entities “Effective Decision”. This product corresponds to the demands of modern business as far as it allows entrepreneurs planning and distributing their cash flows in an effective way, feeling free in cash management and receiving additional income.

Deposit currency is UAH, deposit term is 100 days. Replenishment, full and partial withdrawals are allowed during this term.  It is important that such notion as security deposit is not applicable. Fixed annual interest rate 18 % is the highest for legal entities’ deposits at ASTRA BANK. Partial or full deposit withdrawals are possible without any limits next day after submission of relevant application form to the Bank. Penalties and commissions are not applicable.

“Deposit “Effective decision” is developed  in order to return trust of depositors – legal entities to banks. In current economic conditions it is very important for entrepreneurs to have prompt access to their money. When signing deposit contract client places money for 100 days and knows that he/she can use it when required without any risk or receive income. We hope that clients will appreciate all the advantages of this deposit, reliability and convenience of work with ASTRA BANK and will place deposits at ASTRA BANK for longer term in future”, - said Head of Bank Products Development Division of ASTRA BANK Sergiy Mishchenko.  

Detailed conditions of Deposit “Effective Decision” .

Reference:

ASTRA BANK is a universal bank offering a wide range of financial services. ASTRA BANK is a member of Guarantee Fund of Private Individuals’ Deposits. In accordance with data of Association of Ukrainian banks ASTRA BANK takes the 27th place among banks of Ukraine regarding volume of capital. ASTRA BANK is the member of financial group of Alpha Bank Group Greece operating for more than 130 years that has representatives at the markets of Greece, Romania, Serbia, Albania, Bulgaria, FYROM, Cyprus and Jersey as well as in the USA and Great Britain. 


Last update: Oct. 16, 2009  Print