Šiaulių bankas is increasing interest for deposits in litas and euros


Starting March 26th 2008 Šiaulių bankas has increased annual interest for time deposits, time deposits with variable interest rate and accumulative deposits in litas and euros. Šiaulių bankas pays 6.71 per cent of annual interest for one-year time deposits in litas and 5.9 per cent for deposits in euros. The interest paid for deposits in dollars remains the same, i.e. 4.7 per cent.

The maximum deposit interest of 7.21 per cent shall be paid to those depositors who place a time deposit with variable interest rate for five years. The higher interest is also paid for those clients who place deposits via the Internet using the e-banking system “SB linija”. They are entitled to 0.1 per cent higher interest than it is valid at the bank on the agreement signing day. And even by 0.2 per cent higher interest is applied to the depositors who acquire “Visa Electron” or “Maestro” payment card.

Since today Šiaulių bankas changes not only interest rates but also the longest term of time and accumulative deposits. The bank has extended the maximum term of 21 months (630 days), which was applied for a long time, to 24 months (720 days).

We would like to remind that the Easter Deposit Campaign is still going on in Šiaulių bankas and shall last until April 17th 2008; during the campaign the depositors placing time deposits may choose the interest payment time. Placing deposits for six months or longer period of time, the clients may take interest immediately or at the end of the term receive by 0.2 per cent higher than it is valid at the bank on the agreement signing day. The campaign terms are applied to both - private and corporate customers.