On April 28, 2015, new terms for placing the demand deposit for legal entities «Your Money» came into force. The yield on the hryvnia deposit for clients whose average monthly balance on the account does not exceed UAH 1 million is set at the level of 11% per annum. For deposits with an average monthly balance exceeding UAH 1 million, an interest rate of 15% per annum is set.
«The purpose of this rate increase is to offer our clients high-quality and competitive products. Meanwhile, we are not striving to compete with the maximum rates on the market. After all, in addition to profit, we can offer clients guarantees of return of funds and impeccable payment discipline. In addition to work on updating the tariffs and rates for the bank's existing products, we have started the process of developing and implementing new bank products. We will be able to present them to our clients in the near future», — reported Borys Sharypov, Director of the Corporate Business Development Department of PJSC "Commercial Industrial Bank".
Based on the results of the first quarter of 2015, the Bank entered the TOP 20 financial institutions in terms of profit. The Bank exceeds the N2 ratio (capital adequacy) almost 9 times — 89% with the NBU requirement of not less than 10%. The Commercial Industrial Bank fully and timely fulfills its obligations to clients and provides impeccable solvency.
As of 31.03.2015
Assets: UAH 149,277 thousand
Liabilities: UAH 19,350 thousand
Equity: UAH 129,927 thousand
Profit: UAH 4,700 thousand
