Šiaulių bankas has inreased time deposit interest in litas


Starting from November 5th Šiaulių bankas has increased deposit interest in litas. Since today the clients shall be rendered 5.55 per cent of the annual interest for one-year period time deposits with the bank. While interest in euros and USD remains unchanged and reaches 5 per cent and 5.3 per cent respectively for the 12-months time deposits.

Šiaulių bankas has increased time deposit interest from 0.4 to 0.6 percentage points. Their size shall depend from a deposit term. In case a client places a nine-months deposit then at the end of the maturity he shall receive 5.25 per cent of interest, in case a deposit is placed for a six-months period then interest shall reach 5.10 per cent.
The clients may also gainfully keep their deposits in litas, euros and USD with Šiaulių bankas for a very short period of time - for ten days or shorter than a month. The bank pays 3.8 per cent of annual interest for the deposit, the period of which is less than a month. Moreover, starting from November 5th the annual interest rate applied to time deposits with variable interest rate and accumulative deposits has been also increased.
Besides, it is very convenient to place deposits via the Internet banking system “SB linija” as the depositors, who place deposits via the Internet, receive by 0.1 per cent higher interest than it is declared in the bank’s interest table. Providing a clients entering into the time deposit agreement acquires “Visa Electron” or “Maestro” payment card, the annual interest paid for the deposit increases by 0.2 per cent.