Deposit base of ZENIT's private clients grew 50% to $230 million in 2005
In 2005, ZENIT's household deposit portfolio grew 50%. At present, the deposit base of the Bank's private clients exceeds $230 million.
That was largely facilitated by deposit Yubileiny timed to the 10th anniversary which the Bank celebrated last year. Yubileiny offers attractive interest rates, allows multiple replenishments of the deposit, and enables the client to select the interest payment procedure. In addition, the client may receive VISA or MasterCard without the annual service fee. The deposit also allows partial withdrawal of the funds; however, if the client maintains the account balance of at least 80% of the amount deposited on the deposit opening date, the interest rate does not change.
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