Changes in “Pledge” deposit terms at Pivdenny Bank

25.05.2021

From 25 May 2021, changes have been implemented to Pivdenny Joint-Stock Bank terms for the “Pledge” deposit for retail clients.

The “Pledge” deposit for retail clients is used specifically as collateral for a loan and guarantee for a company or self-employed person.

The interest rate shall be approved by decisions of credit committees at all levels within the range of rates set by the Bank Asset and Liability Committee for the “Pledge” deposit model.

The interest rate for the period from 1 to 450 days is:

  • in UAH: 5.00–9.25 %;
  • in USD: 0.01–0.60 %;
  • in EUR: 0.001–0.01 %.

Detailed “Pledge” deposit terms can be found in the relevant section.