«BTA Bank» JSC proposes depositors new “Vigodniy kurs” deposit08.06.2009
Since April 2009 “Vigodniy kurs” multicurrency deposit added BTA Bank deposit line which does not have analogs on the market. At conversion of KZT into USD or EUR the client gains additional income to the deposit amount due to fair rate.
While depositing funds for the period of 6 months the client is granted a discount -1% of conversion rate. If the client opens the deposit for 12 months the discount is increased to 2%.
For example, client wishes to place 300 thousand KZT for one year on «Vigodniy kurs» deposit in USD, - explains Dina Kazhimova, Head of “BTA Bank” JSC Non-loan Product Development Subdivision. – USD exchange rate is 150 KZT on the date of deposit opening, minus 2% so that conversion is made at the rate of 147 KZT. Exchange rate difference is 40 USD which is added to the deposit principal amount.
Monthly capitalization of interest or monthly receipt of interests – enrolment to card account.