Raiffeisen Bank lifts yielding rate of return for saving deposits in lei and euro

Raiffeisen Bank lifts yielding rate of return for saving deposits in lei and euro

Raiffeisen Bank Romania lifted yields for time deposit by 1.75% for deposits in euro and by 0.9% for deposits in lei, according to maturity and amount.

At present, the returns for deposits in lei are around 7.25% and 11.10% per year, and for deposits in euro, the bank pays 3%-5% interests on a year-by-year basis.

Thus, the yielding rates of return on deposit on account tiers lower than 4,000 lei, are between 7.25% and 9.75%, according to maturity, between one month and a year.

For deposits up to 40,000 lei, the returns may reach to 8% and 10.50% per year, and for deposits larger than 40,000 lei, the bank pays an annual return of9% and 11.1%.

For deposits in lei without account tiers, the bank’s new yielding rates of return are between 7.25% and 9.75% per year according to deposit’s maturity, between one month and a year.

Translated by Camelia Oancea

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