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Piraeus Bank increased UAH rates for “Standard”, “Standard online” and “Pension” deposits
17 December 2013

From December 12, 2013 individuals, clients of Piraeus Bank, have an opportunity to open UAH deposits for 1 month period at increased rate, which varies depending on the amount of the deposit. Deposits from UAH 1 thousand to UAH 75 thousand will have 14.5% rate per annum. Deposits starting from the amount of UAH 75 thousand to UAH 350 thousand – 14.75% rate and deposit that amount more than UAH 350 thousand – 15% rate per annum.

In case of placement of funds through the internet banking system winbank, interest rates increase by 0.5% per annum.

As informed Svetlana Cherkay, Piraeus Bank in Ukraine member of the management board: "We observe the increase of New Year rates on UAH deposits every year. And this tendency is related first of all to the devaluation expectations of the population. However, experience of recent years has proven that after the holidays deposit rates will start to decline and return very fast to the October - November level".

For detailed information please phone the call centre: 0 800 30 888 0 (calls from stationary phones within Ukraine are free of charge, from mobile phones – according to the operators tariffs), visit the Bank branch or official web-site

Note. Piraeus Bank Group is one of the major banking institutions of Southern and Eastern Europe. Piraeus Group's pro-forma total assets amount to €95 bn, net loans to €63 bn and customer deposits to €55 bn (at the end of June 2013).

Piraeus Bank entered the Ukrainian market in 2007.

Piraeus Bank has the highest rating of deposits reliability provided by "Credit-Rating" Agency (grade "5"as of latest rating of 12.12.2013).

The Bank is authorized by the Pension Fund of Ukraine to make payments of pensions and financial assistance. The Bank is a member of Fund of Guaranteeing the Deposits of Individuals and Forum of Leading International Financial institutions (FLIFI).

Piraeus Bank in Ukraine Press Office
tel: +38(044)495-88-88