Šiaulių bankas changes its deposit interest

2012-11-02

Since November 2, 2012 Šiaulių bankas has changed the interest rates applied to time, accumulative and saving deposits.

Those who prefer the most popular way of saving, i.e. time deposits in litas for the period of 6 months and select to receive the interest at the end of maturity, shall be entitled to 1.9 per cent of annual interest, to 2.8 per cent if such deposits are placed for the one-year period  and  3.2 per cent of annual interest if the deposits are placed for the longer period of 4 to 5 years. To those who save in euros he bank shall pay 2.5 per cent for deposits placed for one-year period and up to 3 per cent if the deposits are placed for the longer period.

Those who decide saving in USA dollars or in Great Britain’s pounds sterling shall receive 0.5 per cent for the time deposits placed in both currencies for the 3-month period, and 1 per cent of annual interest if the deposits are placed for the period of 6 months. Fore the time deposits placed in Norwegian krones starting from the shortest period of 1-month to the longest period of one-year, the bank shall pay between 1 and 2.4 per cent respectively. The interest paid for the deposits in Swiss francs shall 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. Those who choose receiving the interest  for the deposits placed in the bank's outlets and via "SB linija" on monthly basis shall be entitled to 0.1 per cent lower interest.

All deposits with Šiaulių bankas are insured in the State Undertaking “Insurance of Deposits and Investments”.