DnB NORD Bankas revises deposit rates

Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed individual and corporate customers time deposit rates.

Starting from February 4 AB DnB NORD Bankas will pay higher rates to individual customers for LTL time deposits longer than 1 year maturity. Interest rates with shorter than 4 months maturity will pay lower rates for term deposits. Individual customers while placing time deposit in the branch in LTL for 3, 6 or 12 months period will be offered 7.20, 7.85 and 8.40 percent of annual interest respectively.

For EUR and USD term deposits for individual customers interest rate will remain unchanged.

For customers who place term deposits via DnB NORD Internet banking system the bank will pay its customers 0.25 percentage point premium on standard rates so, for example, the annual rates for popular one-year time deposits will increase to 8.65 percent.

The shortest term to park deposit in AB DnB NORD Bankas is two days when using the bank’s internet banking system and 30 days when placing the deposit in the bank’s outlet.

Customer deposits held within AB DnB NORD Bankas are secured by the state company “Deposit and Investment Insurance” in accordance with the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania.