OUR NETWORK
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Open Savings Account and enjoy high interest rates.
| Currency | Nominal | Effective* |
|---|---|---|
| GEL | 4.00% | 4.15% |
| USD | 0.50% | 0.50% |
| EUR | 0.25% | 0.25% |
| GBP | 0.10% | 0.10% |
*The effective interest rate for the deposit is calculated for a one-year period starting from the date of opening, based on the assumption that the depositor places 1,000 GEL/USD/EUR/GBP into the account at the time of opening and makes no further deposits during that one-year period.
**Commission fees apply to the withdrawal of the amount that was topped up using digital channels. Standard commission fees are regulated by Bank’s current tariffs
As of 1 January 2018, the bank participates in the Deposit Insurance System established on the basis of the Law of Georgia. All sums existing at all individual accounts, regardless of the number of accounts, are insured for each bank and are compensated by the Deposit Insurance Agency up to 50,000 GEL; the remainder shall be compensated as provided under the effective legislation of Georgia.
For more information on deposit insurance systems, see the website of LEPL Deposit Insurance Agency: www.diagency.ge
