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02 February 2007 [01:00] - Today.Az
Azerbaijan's Azerdemiryolbank has started up new Khamsa deposit product campaign.
Savings shall be put in US dollars for five years in the minimum amount of $5,000. As per the agreement with a depositor, the interest for the first year is 17%, and each of the rest years adds one percent as 18%, 19%, 20%, 21%. If the customer doesn't take the interests gained during the deposit period, the total profitability reaches 150% (30% annually). A $5,000-deposit grew to $12,500 at the maturity. Khamsa deposit campaign deadline is March 30, the bank's head office told the APA.
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