Siauliai bankas changes deposit rates


From July  30, 2012 Siauliu bankas is changing the deposit interest.

Those who prefer the most popular way of saving, i.e. time deposits and place their funds in litas for the one-year Siauliai bankas pays 3 per cent, while higher interest of 3.5 per cent is paid for the deposits placed for a longer period of 4 to 5 years.
The bank pays 2.7 per cent for one-year deposits placed in euros, while the interest paid for the longer period deposits can reach up to 3.2 per cent.

The bank pays 1.4 per cent of annual interest to depositors who place deposits in USA dollars for a six-month period, 2 per cent - for a one-year period.

The annual interest rates for the short term deposits in Great Britain’s pounds sterling and Norwegian krones are also changed. Placing the deposits in pound sterling for one month period the depositors are to receive 0,5 per cent of annual interest while 2 per cent is paid for deposits in krone.  Interest paid for the deposits in Swiss francs remain the same.

The exact deposit interest can be calculated using a deposit interest calculator on the website of Siauliu bankas after entering a deposit amount, period and selecting the currency.

Moreover, Siauliu bankas pays by 0.15 per cent higher interest for the time deposits placed via the bank’s e-banking system “SB linija” for the period longer than half a year and choosing to receive the interest at the end of maturity while the interest higher by 0.1 per cent will be paid for the deposits placed via the Internet for the period shorter than half a year.

All deposits with Siauliu bankas are kept in compliance with the Law on Insurance of Deposits and Obligations to the Depositors and insured in the State Undertaking “Insurance of Deposits and Investments”.