DnB NORD Bankas revises term deposit rates

Taking into account changes on domestic money market AB DnB NORD Bankas, a member of international financial group shall change individual and corporate time deposit rates as of 1st September.

Starting 1st September AB DnB NORD Bankas shall pay approximately 0.44 percentage point lower rates on time deposits in litas, therefore, e.g. upon placing six-months term deposit in litas the annual interest will amount to 7 percent, while one-year term deposits in litas will generate 7.6 percent annual interest.

The interest for deposits in euro shall remain unchanged, and for long-term deposits in US dollars with a maturity of over two years the bank shall pay approximately 0.28 percentage point higher rates.

AB DnB NORD Bankas pays 0.25 percentage point premium on standard rates for deposits placed via Internet, therefore the annual interest for e.g. one-year time deposit in litas will increase up to 7.85 percent.

See more details on “Deposit plan 3, 6, 12” saving program to individuals. By saving funds under this program you will earn up to 2 percentage points higher interest compared to a standard term deposit agreement.

AB DnB NORD Bankas is an official sponsor of the Lithuanian Men’s Basketball National Team and invites you to place a BASKETBALL DEPOSIT™ before 6th September 2009. Each victory of the Lithuanian squad in the European Men’s Basketball Championship will lift the BASKETBALL DEPOSIT™ rates up to 0.2 percentage point.

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.