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News: Bulgaria>> Three banks most active in deposit accumulation

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Current date: 2010-02-09 11:43

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Three banks most active in deposit accumulation

Finances: Tuesday, 2008-09-02 03:10
Article by: Focus Agency

Three banks were most active in August in terms of deposit accumulation, as well as interest rate actualization. These are Emporiki Bank, Societe Generale Expressbank, and TB Unionbank.

Emporiki Bank changed two times the interest rate on standard term deposits. The treasury bids on gradual and often interest rate recalculation.

Societe Generale Expressbank came forward with another strategy – to alter interest rate on EUR currency deposits only.

Unionbank kept its interest conditions but introduced a new product.

EIBank prolonged the promotion on its Top Deposit product with two months.

According to experts in Best Credit banks are expected to offer new products for home loans and promotional fee reduction in the active season.

From My Money analytics experts point out the increase of interest rates on mortgage loans in UniCredit Bulbank, UBB, EIBank, and International Asset Bank.

Scope: Bulgaria
More: Finances news bank deposit; Finances news bank interest;

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