Let’s think about your children’s future together!
Through child deposit you can start thinking about your children’s future from today! With minimum efforts you will be able to secure your children’s education, or conditions necessary for their comfortable living.
Deposit placed in foreign currency contains quite a high risk. Accrued interest in GEL may be significantly decreased by currency rate fluctuation.
Deposit insurance system
Dear Customers,From January 1, 2018, the bank participates in the deposit insurance system established on the basis of the Law of Georgia on the Deposit Insurance System. In case of an insurance event, the amount available on the depositor's deposit/account will be reimbursed by the Deposit Insurance Agency within the amount of GEL 15,000 while the remaining amount will be reimbursed in accordance with the current legislation.
For more information, you can visit the website of LEPL - Deposit Insurance Agency: www.diagency.ge.
| Month | Rate | GEL | USD | |
|---|---|---|---|---|
| 3 - 24 month | Nominal | 9.50% | 0.50% | |
| Effective* | 9.60% | 0.50% | ||
| More than 24 months | Accordingly at that time bank rates | |||
* The calculation of the effective interest rate is as follows: The Client opens the Child Deposit with 1000 units and deposits on the account for 12 months.
In case you are interested in obtaining detailed information on any of our products please contact us at 2 242 242, or visit us!
