08.03.2007 /Deposits
 Bank Electronika Guarantees Corporate Clients a Spring Start
Bank Electronika offers a reliable means of ensuring a faster rate of growth of funds for clients who take part in the special program Vesennee Nastroenie. The program, which begins on February 19, 2007, continues through April 13, 2007. In order to take part in Vesennee Nastroenie, legal entities must place in the Bank funds that are not in use. At the business’s option, these may be placed in deposits, promissory notes of the bank, certificates of deposit or as minimum deposits in settlement accounts for terms of 31, 61, 91 or 181 days. Any legal entity may participate in the program, even those who have never previously held an account with the Bank. Funds will be accepted in rubles, U.S. dollars and Euros; interest rates on foreign currency deposits are identical. Annual interest rates for Vesennee Nastroenie range from 6% to 10.5% for ruble-denominated accounts and 5% to 8.5% for accounts denominated in foreign currency. Rates depend on an account’s term to maturity. There is a minimum amount that may be placed on deposit within the program – one million rubles, $35,000 or 30,000 Euros. Interest is paid at the end of the term of the deposit. Tatyana Novikova, head of the Marketing Department at Bank Electronika commented on the beginning of the program: “Bank Electronika greets the end of winter with Vesennee Nastroenie, a new program for legal entities. We are certain that the flexible terms and market orientation of our offering will attract the attention of potential clients of the Bank.”
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