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Bulbank Increases Deposit Interest Rates for individuals in BGN and foreign currency

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Bulbank has changed the interest levels on deposits for individuals in BGN and foreign currency. New interests are valid since the beginning of January. The new interest policy of Bulbank was introduced during November 2005, initially for deposits in foreign currencies. It reflects the real contribution of each client toward deposit portfolio of the bank.

The new conception of Bulbank defines the interest rates on deposits of individuals in BGN, EUR, USD in relation to the size of the deposited sum and deposit’s term. As the term is longer and the sum is higher as much higher are the interest rates.

Term deposits in BGN posses interest of between 2.2% and 5%. Deposits in EUR possess interest of between 1,17% and 2% annually in dependence of the term and the size of de[posit. Deposits in USD has interest of between 0,55% and 2,1%.

Interest on deposit of current Bulbank clients will be automatically changes according to the new conditions.