Maritime Bank issues C/Ds in US dollar and euro

Wednesday, April 23, 2008
Maritime Bank issues C/Ds in US dollar and euro
Maritime Commercial Joint Stock Bank recently announced that from now to May 30, it would issue certificate of deposits (C/Ds) in both US dollar and euro with a total value of US$30 million and five million euro.
These C/Ds have terms of 3, 6, 9 and 11 months with attractive interest rates. With C/Ds in US dollar, individual customers will get the yearly interest rate of from 6.2% to 6.5% and corporate customers from 5.9% to 6.1%. As for C/Ds in euro, the interest rate will be from 3% to 3.5% per annum.