Deposit Rates
|
| Term | Conditions | USD | Euro | |
| Monthly interest | 18 months | Top ups or partial withdrawals not allowed | 9.2% | 7.7% | Montly interest | 18 months | Interest transferred to credit card or top up deposit | 8.7% | 7.0% | Interest upon maturity | 18 months | Top ups or partial withdrawals not allowed | 10.0% | 7.9% |
Free Cirrus / Maestro card linked to account.
There is a 15% withholding tax on interest earned. However, Ukraine has an expanding agreement of tax treaties with dozens of countries, reducing this rate to between 0% to 10% depending on the tax residence of the beneficial owner, for example :-
| Tax residence of beneficial owner | Withholding tax rate |
| USA, United Kingdom, Spain, Cyprus | |
| U.A.E. | |
| Germany, Austria, France, Slovenia, Czech | Switzerland, Italy, Greece, Portugal, Netherlands, Denmark, Belgium, Canada, Scandanavian countries |
About the bank
In April 2006 after the acquisition deal of the 51% stake in JSCIB "UkrSibbank" by BNP Paribas international credit rating agencies Moody’s and Fitch Ratings increased the bank’s Eurobond ratings up to "Ba2" and "BB-" respectively. It is the 3rd largest bank in Ukraine.
About the country - Ukraine
The world's 33rd largest GDP. A highly industrialized nation with annual GDP growth of at least 7% - 12% for past few years. Its dependence on Russian gas supplies dramatically affects its economics and foreign policy. Standard Poor’s rating "BB-". Moody’s gives it a "positive outlook" recognizing that its new administration supports democratic values and the rule of law stands to lead political, institutional, and structural reforms that will create an open political system and a market economy. Annual Foreign direct investment exceeded USD 10 billion in 2007 (Germany $5b, Cyprus $2b, Austria $1b, UK $1b, USA $1b).
