Corporate clients are offered to place time deposits. This is an investment yielding higher interest rate compared to the one the regular current account balance will yield. Time deposit is an easy an sound way to invest one's money receiving, in return, the interest rate agreed in advance. The interest rate for a deposit depends on the maturity of the placed deposit: the longer the deposit maturity, the higher the interest due. You can select the currency (litas, euros or US dollars) of the time deposit, and the time of receiving the interest (on a monthly basis or at the maturity time). Upon the maturity of the time deposit agreement, your time deposit can be extended automatically, where the extension will entitle you to extra interest. |
