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Piraeus Bank entered TOP-10 banks with the most favorable terms of deposits in national currency
08 July 2015

Piraeus Bank entered TOP 10 the safest banks in Ukraine with the most favorable terms of deposits in the national currency for a period of 3 and 6 months, conducted by the business weekly “Lichniy schet”. Along with Piraeus Bank 9 public and banks with foreign capital participated in the ranking stated the press service of the bank with reference to the weekly ranking.

According to the business edition, the most attractive in terms interest rates in Piraeus Bank is Standard online deposit with an interest rate 21% per annum for 6 months. When the auto rollover contribution via internet banking winbank, the bank's customers will receive an additional 0.5% per annum to the current bank interest rate.

“We are pleased that the business publication noted in its ranking is an online deposit. During the evolution of technology, banks need to move to a new level of customer service, enabling them to perform familiar operations without having to visit a bank branch. In addition, the system of internet banking winbank checkout process takes less than 2 minutes instead of 15 minutes at the department, which include customer consultation on existing products, the signing of the contract, the introduction to the account. In addition to the possibility of opening a deposit online, we provide our clients a full alternative for remote access to their accounts and the management of funds, and will soon launch the opportunity to open an account, as well as replenish the deposit,” - said Ilias Mouzakis, a board member of Piraeus Bank.

Experts of the business weekly have identified two categories of reliable financial institutions: state-owned banks and institutions with foreign capital. Reliability of the first ones is confirmed by support of the state, while the second receive financial support from parent structures that won’t risk reputation and allow their subsidiaries fall under the supervision of temporary administration. Today Group Piraeus Bank owns almost 100% of the capital of Piraeus Bank in Ukraine, the registered share capital of which amounts to UAH 2.07 bln.