Geo

Changes in Savings deposit conditions

Published: 10.07.2017

Dear customer,

Please be informed that the Savings Deposit conditions will be changed for private customers from 10.08.2017.

In particular:

  • Private customers holding only Savings Deposits without Current Accounts will enjoy the interest rates given in the table below from August 10

Annual nominal and effective interest ratesGELUSDEUR
Maximum interest rate 4.5%1.3%0.1%
Minimum interest rate2.5%1%0.05%
  • Maximum and minimum interest rates will be abolished and a fixed interest rate will be established on Savings Deposits from August 10 for the private customers holding both Savings Deposits and Current Accounts:
Annual nominal and effective interest ratesGELUSDEUR
Fixed interest rate4.5%1.3%0.1%


The interest rate will be charged on Current Accounts on a monthly basis at the end of each day according to the balance on the account.