Higher interests from UniCredit

UniCredit Romania Bank has upped interests for ROL and foreign currency deposits made by both individuals and legal entities. The newly-opened ROL deposits with every branch of the bank get a fixed interest rate starting from 18% for three and six months, 17.50% for nine and twelve months, and 17% for fifteen and eighteen months. The new interests for the dollar-denominated accounts are 2.6% for three months, 2.8% for six months, 3% for nine months, and 3.2% for twelve months. The euro deposit-related interests are as follows: 3.5% – one month, 3.5% – six months, 3.6% – nine months, 3.6% – twelve months. The minimal amount required for a deposit in ROL is 30,000,000 ROL, while a foreign currency deposit requires 1,000 dollars or euros. “After having doubled our network of branches and posted good financial results last year, our 2004 goal is to consolidate the new offices, to keep developing the product range and double the number of clients,” Kadir Cevik, head of UniCredit Romania’s retail department said. ZF