GARANTI BANK MOSCOW, Turkish GARANTI’s Russian subsidiary, has raised interest rates on the deposit, called ’Deposit.’ The deposit may be opened from $1,000 for three, six and twelve months. The interest rate on a three-month deposit grew by 0.75% to 5.0—6.5%. Clients are not allowed to put more funds on deposit accounts. Interest is charged when the term of the deposit expires.
Source: BANKI.RU, July 19, 2006
