Standard Earning Deposit
To save money...To reach your goal.. To increase the number of our assets. Sometimes unplanned costs do not allow it. You should make saving not after, but before spending money. We offer you opportunities both for collecting your money and for earning income from the collected money.
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Annual interest rates for term deposits |
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|
Period |
Amount |
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1000-100 000 |
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|
AZN |
USD |
EUR |
|
|
1 month |
2,00% |
0,25% |
0,00% |
|
3 month |
2,50% |
0,25% |
0,00% |
|
6 month |
4,00% |
0,25% |
0,00% |
|
9 month |
4,50% |
0,25% |
0,10% |
|
12 month |
5,50% |
0,50% |
0,10% |
|
24 month |
5,50% |
0,50% |
0,10% |
|
36 month |
5,50% |
0,50% |
0,10% |
*Annual interest income paid on the deposit of physical entities by the local bank and branch of the bank functioning in the Republic of Azerbaijan, as well as, dividend paid by the issuer on investment securities, discount (difference emerged in result of placing bond in lower level rather that its nominal) and interest incomes are exempted from taxes for 3 years starting from February 01, 2016.
** INFORMATION ABOUT THE INSURANCE
According to the Decision of the Board of Trustees of the Azerbaijan Deposit İnsurance Fund, maximum limit of the interest rates of the bank deposits insured by the Fund has been defined up to 15% annual for AZN deposits , and up to 3% annual or all of amount for the deposits with foreign exchange.
