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Bancpost raises interest rates again

13.03.2008, 21:55 9

Bancpost has once again increased interest rates for its PRIM deposit (a fixed interest rate deposit), but has reduced the interest rate for its savings account in American dollars. For PRIM (an individual deposit in RON, with a 1, 3 or 6-month maturity) the interest rate has increased to 6.25% per annum for a 1-month maturity, for sums that range from 500 to 1,000 RON, and stands at 7.75% for deposits worth over 5,000-RON. For three-month maturities, the interest rate stands at 6.75% for 500-1,000-RON deposits, and 8.50% for sums above 5,000-RON. In the case of 6-month deposits, the annual interest rate has increased to 8.6% per annum for sums above 5,000-RON. For deposits with a one-month maturity set up by individuals in RON, the interest rate now stands at 6.50% for the 5,000-20,000-RON. For an individual savings account in dollars, the interest rate is down 1% for sums above 2,000 dollars, to 3% per annum.

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