By calculating deposit yield the depositors can cover inflation losses and get profit at the same time

Maryna Savchenko, Director for Savings and Cash Settlement Transactions of JSCIB “UkrSibbank”

To make the right calculation of maximum yield on the deposit one should take into account inflation rate and exchange rate fluctuations in case it has to do with a deposit in currency different from the currency of principal earnings. If your salary is in UAH and you would like to place it to a bank deposit the yield can be calculated quite easily. Inflation rate for the period of 7 months made up 14.9% (according to State Statistics Committee of Ukraine) supposing that it doesn’t increase significantly till the end of the year (or stays at the same level) and taking into account that UkrSibbank offers interest rate on 12 months bank deposit up to 17% p.a., income on the deposit will cover your inflation losses and bring profit.

Latest News BSGV launches a new "Special" ruble deposit with an increased rate UkrSibbank starts to hand out Christmas trees to participants of the New Year campaign “How About a Deposit with the Christmas Tree?”. 100 Clients of UkrSibbank Get a “One-Million Offer” MBRD launches seasonal campaign “Winter 2008” “How About a Deposit with the Christmas Tree?” – New Year Campaign by “UkrSibbank” SB Bank extends its line of banking term deposit products which now includes a "SB-Multicurrency" deposit. A Laptop, a GPS Navigator, a Trip to Argentina: 52 SME Clients of “UkrSibbank” Join “A One-Million Offer” "Rojdestvensky bonus" deposit “UkrSibbank” Gathers Cash & Settlement Services Momentum Dalcombank guarantees deposit safety

Gift season in BSGV: presents for all clients who have opened a term deposit! BSGV carries out a special action "Gift season in BSGV". All clients opening term deposits during this campaign will enjoy New Year gifts from BSGV and another nice surprise – a free package of banking services "Tendency". [Read...]