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Deposit offers from UniCredit Bank are among top-10 most profitable on the market

03.03.2016

UniCredit Bank’s deposits in the national currency for 1, 3 and 6 months were named amond the top-10 most profitable saving programs from the largest Ukrainian banks according to "Dengi" magazine.

Today the average interest rate for UAH deposits for 1 month is 17% per annum, for 3 months – 20% and for 6 months – 20.25%. UniCredit Bank’s saving programmes include deposits for any term starting from 1 week, replenishment and preliminary withdrawal options, so customers can choose the deposit that meets their needs best.

"What we traditionally offer is deposits from a bank with 25 years of experience in Ukraine and quite a decent interest rate. It might be not the highest rate in the market, but, after all, one should understand that anything higher than that means risk. Today is hardly the best time to take risks with one’s savings, including the one of keeping money under the pillow, – Tamara Savoshchenko, CEO of UniCredit Bank, says. – In the recent months more and more hryvnia depositors have been coming to our branches. This is an optimistic sign, telling us that willingness to get as high profit as possible, notwithstanding any risk whatsoever, finally gives way to reliability and reputation of a bank. In the times of crisis there is no better thing for a bank to have than solid reputation."

In addition to classic deposits, UniCredit Bank offers deposit certificates and online-deposits. The additional benefits of deposit certificates are a high level of protection and the ability to bypass restrictions on cash withdrawal, which is especially important for savings in foreign currency. Оnline deposits allow to receive bonus to basic interest rate for deposit opening in UniCredit Online and to save time on a visit to the bank.

UniCredit Bank has been a member of the Deposit Guarantee Fund since 2012. The bank’s reliability is confirmed by high positions in the ratings from Minfin, Forbes, Global Banking & Finance Review and others.

 

NOTE

Ukrsotsbank is one of the largest universal banks of Ukraine, operating in the local market since 1990. The bank offers full range of services to individuals and corporate clients.

The renovated Ukrsotsbank emerged on 31 October 2016 as a result of strategic deal whereby 99.9% of Ukrsotsbank shares have been transferred from UniCredit Group to ABH Holdings S.A. (АВНН) in exchange for a minority 9.9% stake in ABHH. Thus, the bank has combined 26-year-old traditions of Ukrsotsbank’s client-centric attitude, European quality of service inherent to UniCredit, as well as international banking expertise of ABHH in a number of European countries including CIS. Thanks to the successful synthesis and synergy of the two assets of ABHH in Ukraine, Ukrsotsbank and Alfa-Bank, the banking market of Ukraine will see the rise of a new stronger financial institution. This, in turn, will spur up technological advance, increase efficiency, improve quality of service for the clients, reduce cost of banking services whereas their range will inevitably expand.

The extensive retail network of Ukrsotsbank consists of 237 branches, its headcount reaching nearly 5 thousand employees.


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