"Savings Deposit"

"Savings Deposit"

For resident/non-resident legal entities, we offer the "Savings Deposit".

Deposits can be opened in Kyrgyz soms (KGS) and US dollars (USD).

Key deposit terms:

  • Minimum deposit amount – 20,000 KGS or 1,000 USD;
  • Interest payment – monthly;
  • Additional contributions – allowed;
  • Minimum additional deposit – 5,000 KGS or 100 USD;
  • Partial withdrawal – allowed;
  • Early termination – allowed. In case of early termination, interest is paid based on the actual term of the deposit;
  • Automatic renewal – not provided;

The deposit includes the opening of a deposit account, an interest payment expense account, and a bank liability account. Upon maturity, the principal amount is transferred to the demand account*.

Interest rates**

Currency 

6 months 

9 months 

12 months 

18 months

24 months

36 months

KGS

4.0%

5.5%

8.0%

8.0%

7.0%

6.5%

USD

0.5%

1.0%

1.0%

1.0%

1.0%

1.0%

 

Effective interest rate:

in KGS – up to 6.7%

in USD – up to 1%

*Interest rate for demand deposit – 0%.

**Annual interest rates are indicated.

NOTE: The Bank reserves the right to change and set individual rates.


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