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Inapoi la stiri » Millennium Bank clients get 8.75% annual interest rate for three-month RON deposit

30 08 2010 - BANCA MILLENNIUM S.A.

Millennium Bank clients get 8.75% annual interest rate for three-month RON deposit

Millennium Bank clients benefit from top interest rates for three-month RON and EUR deposits. The bank offers 8.75% annual interest rate for three-month RON deposits opened by using Internet Banking service and 8.5% for those made in the branches.

The interest rate for savings in euro reaches 4.25% per year for three-month deposits opened via Internet Banking and 4% for those made in the branches.

'For more than a year, Millennium Bank has been one of the best options for the clients who want to save money. This interest rates increase for three-month deposits continues our strategy', Eliza Erhan, Head of Retail Product Development with Millennium Bank Romania, stated.

The annual interest rates for Millennium Bank deposits range between 6.5% and 8.75% for RON term deposits and between 3% and 4.25% for EUR term deposits, depending on the maturity.

The bank's saving portfolio includes a wide range of products: term deposits, saving accounts, Ascendant Deposit in RON, with progressive interest rate reaching 13% per year, and Dual Package, made of a three-month RON deposit with 10% annual yield and an open-end investment fund with moderate risk.

***

Millennium Bank, part of the leading financial private group in Portugal, Millennium bcp, started its activity on the Romanian market on October 11, 2007, by simultaneously opening 39 branches in Bucharest and in other eight cities of the country. Now, Millennium bank has 74 units throughout Romania, addressing individuals and companies, with an extensive range of products.

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