Individual Banking / Deposits / Development Deposit / Description
Deposit Development
Profitability - its a six-month deposit with accelerating interest which gives you the opportunity to save with very good return. Every month you can deposit a certain amount to the deposit which will accrue higher interest.
Security - Emporiki Bank is a member of the French financial group Credit Agricole, which is No. 1 in Europe by retail banking revenues. The stable financial policy and the high credit rating of the group guarantee the safety of your savings!
Basic Characteristics:
- Currency: BGN, EUR, USD;
- Minimum amount: 2000 BGN or 1000 EUR/USD;
- Term: 6 months;
- Depositing of additional amounts to the deposit account - allowed for the whole term of the deposit but no more than 10% of the initial amount deposited monthly;
- Interest rate: progressively increasing every month of the deposit term; according to the interest bulletin of the Bank;
- Interest payment: monthly either to a current account chosen by the customer or capitalized on the deposit account.
Method of opening:
- Cash
- Money transfer
Interest rate convention: actual/ actual
Deposits in Emporiki Bank Bulgaria are garanteed by theconditions of Law on Bank Deposit Gurantee