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News
| Bank deposit campaign powers ahead |
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Tuesday, Dec 09, 2008 |
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Top five lenders DSK Bank, Raiffeisenbank and Postbank all kicked off deposit promotions in a single day stepping up afforts to raise cash from savers with juicy interest rates.
A day earlier Alpha Bank Bulgaria Branch unveiled cash bonuses for depositors.
The soaring cost of attracted resources is lifting the price of the money banks lend in contrast to global lenders who are frantically lopping off loan interest rates.
Postbank’s new growing interest deposit offers up to 10% return in the final period of a six-month product.
Raiffeisenbank’s latest three-month deposit comes with an 11% interest rate in a promotion running by the year’s end.
Alpha Bank’s Alpha Cash Premium special offer will hand out BGN 10,000 bonuses to the ten customers with the highest cumulative average 3-month balance in their deposit accounts.
DSK Bank’s three-month deposits come with a 3.75% bonus interest rate if denominated in levs and 3% if in euro.
Under data of the moitepari.bg site which compares the loan and otherwise programs of different lenders, thirteen banks extended or launched new deposit promotions in November. |
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Source:
Dnevnik a.m.
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