VTB launches deposit certificates with a 25% yield
On March 10, VTB (Kazakhstan) launched a new product for individuals – a deposit certificate. It will be the most profitable alternative to the classic deposits at the expense of the increased fixed interest rate.
The bank's customers may draw up a certificate for 6 or 12 months at an annual interest rate of 25%. The minimum deposit amount is KZT 1,000,000; the maximum amount is unlimited.
The interest on the deposit certificate is paid within five business days after the expiry of the agreement. Replenishment or partial withdrawal during the certificate validity period is not foreseen.
You can sign an agreement for issuing a deposit certificate in any VTB Bank (Kazakhstan) branch in 17 cities of the country.
Since a deposit certificate is not a bank deposit, the Kazakhstan Deposit Insurance Fund does not guarantee it.
VTB (Kazakhstan) is working hard to address all issues of its customers. All branches and self-service machines work without restrictions. Deposits and accounts are also available in full measure.