Term Deposit

Place your money for fixed amount of time and enjoy the certainty of knowing exactly how much interest you're going to earn.
ANNUAL INTEREST RATES

Term Rate
Effective Rate
3 months 1.10% 1.10%
6 months 1.40% 1.40%
9 months 1.50% 1.50%
12 months 1.60% 1.60%
18 months 1.80% 1.79%
24 months 2.00% 1.98%

In case of monthly interest payment the applied rate will be 0.15% less


TERMS

- Opening deposit - Free;
- Deposit currency - EUR;
- Minimum amount - 500 EUR;
- Increase or decrease - Not Allowed;
- Withdrawing the accrued interest - Monthly or at the end of the term;
- In case of termination of term deposit before the due date, no interest will be accrued.

 

Since January 1, 2018, the Bank has been participating in the Deposit Insurance System established on the basis of the Law of Georgia “On Deposit Insurance System”. In the event of an insured event, the available amount on the depositor’s deposit/account will be reimbursed by the Deposit Insurance Agency within the limit of 50,000 GEL, and the remaining amount will be reimbursed in accordance with the procedure provided for by the current legislation.

For additional information, you can visit the website of the LEPL – Deposit Insurance Agency: www.diagency.ge