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Piraeus Bank offers short term deposit “Christmas Mood”
19 November 2012

Expecting the New Year holidays Piraeus Bank in Ukraine launched the deposit «Christmas Mood» with increased interest rate, paid in advance at the day of deposit placement. The interest rate on the deposit for 2 months in hryvna amounts to 24% per annum.

“Our pre-holidays deposit program is one of the most attractive in the market. Besides the increased profitability our clients get interests in advance in the day of placing the deposit, - said Alexander Gnilenko, Piraeus Bank in Ukraine Retail Department Deputy Director. - We hope that it will add winter holidays’ mood and help our clients to make nice surprises for their families”.

Deposit “Christmas Mood” can be placed at any bank’s branch and online via internet-banking system winbank. Minimum sum of the deposit is UAH 1000.

Oleksandr Gnilenko, Piraeus Bank in Ukraine Deputy Director of Retail Banking Department: "Besides the increased profitability our clients get interests in advance in the day of placing the deposit"

The interest payment is carried out at the day of opening the deposit account.

Besides, according to the client’s needs, Piraeus Bank in Ukraine can open the VISA debit card to the current account, which allows clients to get access to funds not only via cash desk in bank’s branch, but also in Piraeus Bank ATMs and in joint ATM chain “ATMosfera” all over Ukraine.

For detailed information about the terms of placing the deposit «Christmas Mood» please phone the call centre: 0 800 30 888 0 (calls from stationary phones within Ukraine are free of charge).

Note. Piraeus Bank Group is one of the major banking institutions of Southern and Eastern Europe with assets of EUR 77,2 bln, with credit portfolio of EUR 46 bln and loan portfolio of EUR 37 bln (after absorbing the good part of Greek Agricultural Bank ATEbank and 99,08% of Greek Geniki Bank’s total stake, as of 19.10.2012). Established in 1916, Piraeus Bank today is presented in 10 countries.

In Ukraine Piraeus Bank is established since 2007. The Bank is a member of Fund of Guaranteeing the Deposits of Individuals (license #25).

Net assets of Piraeus Bank in Ukraine amount to UAH 3.5 bln, share capital to UAH 1.628 bln, regulatory capital to UAH 894,7 mln as of Q3, 2012.

Piraeus Bank has the highest rating of deposits reliability provided by “Credit-Rating” Agency (grade “5”; last update took place on 23.10.2012), that shows the bank's capacity to make payments on existing deposits timely and in full.

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

Piraeus Bank in Ukraine Press Service
Kateryna Kalynovska
cell: +38(067)688-62-14
e-mail: kkalynovska{at}piraeusbank.ua