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The Bank offers its corporate customers the possibility to deposit funds in local and foreign currency for a predetermined term under favorable conditions and with guaranteed profitability.
The client gets the following services through such deposits:
- All standard or tailor-made tenors;
- For amounts above 100 000 BGN – a negotiable interest rate, reflecting the market conditions;
- Withdrawal of accrued interest on the deposit on maturity;
- Withdrawal of part of the principal on maturity;
- Renewal of deposits at maturity;
- Automatic prolongation of the period of the deposit;
- Use of term deposits to secure the issuance of L/Cs, L/Gs or for receiving “back-to-back" financing.