Šiaulių bankas decreases the deposit interest since October

2012-09-20

Since October 2012 Šiaulių bankas is changing the interest rates applied to time, accumulative, saving and Child deposits. Depending on the type of the selected deposit as well as on currency and period the interest shall decline between 0,05 and 0,5 percentage points.

To those who prefer saving in litas Šiaulių bankas is going to pay 2.2 per cent of the annual interest for the time deposits placed for the 6 month period choosing the payment of interest at the deposit maturity, 2.8 per cent is to be paid placing such deposit for the period of one year, and 3.2 per cent - placing the deposit  for the longer period of time, e.g. for 4-5 years. If the deposit is placed in euros and the interest is paid at the end of maturity , then the interest paid for the half-year deposits will reach 2 per cent, for a one-year deposits it will comprise  2.5 per cent respectively and up to 3 per cent of interest is to be paid if the deposit is placed for the longer period of time.

Those who decide saving in USA dollars or in Great Britain‘s pound sterling will be entitled to 1 per cent of annual interest for the time deposits placed for the period of six months, while 2.2 per cent of annual interest is to be paid for such deposits placed in Norwegian krones.

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, Šiaulių  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 to receive the interest on monthly basis will be entitled to 0.1 per cent lower interest rates for the deposits placed both in the bank‘s outlets and via the „SB linija“.

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”.