BUSINESS DEPOSIT CERTIFICATE
PURCHASE A CERTIFICATE OF DEPOSIT FOR A FIXED PERIOD AND EARN RETURN
- Minimum value: GEL 1000 / USD / EUR
- Interest earned is credited monthly or once per year, starting one year after the date of issue of the CD
CALCULATE YOUR RETURN
Terms
Amount at maturity
0 GEL
Interest benefit
0 GEL
Nominal interest rate
0%
Effective interest rate
0%
Interest rates annual payment
|
NOMINAL INTEREST RATES |
EFFECTIVE INTEREST RATES |
|||||
|
Term |
GEL |
USD |
EUR |
GEL |
USD |
EUR |
|
12 |
9.30% |
2.80% |
1.95% |
9.30% |
2.80% |
1.95% |
|
18 |
9.00% |
3.10% |
2.50% |
9.00% |
3.10% |
2.50% |
|
24 |
9.00% |
3.20% |
2.65% |
9.00% |
3.20% |
2.65% |
|
36 |
8.50% |
3.30% |
2.80% |
8.50% |
3.30% |
2.80% |
|
48 |
8.50% |
3.80% |
3.55% |
8.50% |
3.80% |
3.55% |
|
60 |
8.50% |
4.00% |
3.70% |
8.50% |
4.00% |
3.70% |
Interest rates monthly payment
|
NOMINAL INTEREST RATES |
EFFECTIVE INTERESR RATE |
|||||
|
Term (Months) |
GEL |
USD |
EUR |
GEL |
USD |
EUR |
|
12 |
9.00% |
2.75% |
1.90% |
9.38% |
2.78% |
1.92% |
|
18 |
8.80% |
2.95% |
2.40% |
9.16% |
2.99% |
2.43% |
|
24 |
8.80% |
3.05% |
2.55% |
9.16% |
3.09% |
2.58% |
|
36 |
8.20% |
3.20% |
2.70% |
8.52% |
3.25% |
2.73% |
|
48 |
8.30% |
3.50% |
3.15% |
8.62% |
3.56% |
3.20% |
|
60 |
8.30% |
3.55% |
3.45% |
8.62% |
3.61% |
3.51% |
DEPOSITS FOR BUSINESS
PLACE YOUR COMPANY’S FUNDS IN A TERM DEPOSIT AND EARN RETURNS
- Minimum amount: 13,000 GEL / 5,000 USD/ 5,000 EUR
- Term deposit is opened with a fixed amount for a set period
MANAGE YOUR FUNDS WITHOUT LIMITS AND EARN RETURNS
- No initial deposit required
- Interest is paid monthly and credited to the current account
FREQUENTLY ASKED QUESTIONS
What is a deposit certificate?
A deposit certificate is a financial instrument that confirms a bank deposit and represents the bank’s obligation to the holder of the certificate to fulfill the terms specified in the certificate agreement.
What are the advantages of a deposit certificate?
A deposit certificate earns a higher interest rate. In addition, the holder can transfer the certificate to another person at any time.
How is the interest paid?
Interest can be paid either monthly or annually, on each one-year anniversary from the issuance date of the deposit certificate.