CIBANK Online

CIBANK Online Terms and Conditions.

Sales of assets
Contact Center 24/7
0700 1 4554 (at the price of an intracity call)
Our specialists are at you service 24 hours/7 days a week and will answer all your queries related to the products of the Bank, incl. card products and online banking.
25.09.2008

CIBANK increases the interest on „Top Deposit” and „Growing Deposit”

CIBANK increases the interest on „Top Deposit” and „Growing Deposit”

From 1 October 2008 CIBANK increases the interest on two of its most successful deposit products - „Top Deposit” and „Growing Deposit”.
 
The time deposit „Top Deposit” becomes a permanent deposit product with new higher interest rates on amounts in BGN and EUR. The highest increase is for the deposit for 36 months in BGN – the interest grows from 18% to 22.50%, for a term of 24 months the increase is from 12.00% to 13.40% and for 18 months – from 8.25% to 9.90%. For amounts in EUR for a period of 36 months the interest rate increases by 1.50% and reaches 16.50%. CIBANK retains one of the most attractive parameters  - an advance withdrawal of the interest at the time of opening of the deposit, while only the bonus of 5% on the paid in advance-paid sum on each deposit is dropped.
 
For the product „Growing Deposit” the annual interest rates on deposits in BGN and EUR for five of the interest periods increases. With the change concerning the deposit in BGN for 36 months the interest from 10% becomes 12% and the increase for the rest of the interest periods is on average by 0,20%. For the deposits in USD the interest rates drop slightly.
 
The Bank has stopped offering the time deposit „Rent” for new clients and recommends the more advantageous conditions of „Top Deposit” and „Growing Deposit”.
According to Aleksandar Dimitrov, Executive Director at CIBANK, responsible for retail banking, these new proposals are an adequate response to the clients’ expectations and show a flexible approach and the Bank’s readiness to offer more and more attractive products to clients.