Bancherul - BANCI / ENGLISH / Top three interest rates for Millennium Bank medium and long term deposits

Millennium Bank clients benefit from top three interest rates for the RON term deposits, with three months and over maturities. In addition, the bank�s three month RON deposit provides the best interest rate on the market, 15.5% per year. Millennium Bank plans to preserve this top position also after June, 22, when the three month RON deposit interest rate will be adjusted to 15%.

�Millennium Bank continues to encourage savings, especially the ones on medium and long term. This is why we are offering the best interest rate for the three month RON deposit and top three pricing for maturities over six months�, said Eliza Erhan, Head of Retail Product Development, Millennium Bank Romania.

The new interest rates values resulted from the latest adjustment operated by the bank according the present market trend. The new annual interest rates vary from 13% to 15% for RON term deposits and from 5% to 6% for EUR term deposits, depending on the maturity.

Millennium Bank�s saving products are available in RON, EUR and USD, with various maturities, ranging from one to 12 months, defined to fit the clients� needs. The bank�s customers benefit from zero opening and administration commissions and have the possibility to make partial withdrawals or early redemption anytime, without penalties. The interest is fixed till maturity or rollover, is calculated daily and paid at maturity. The deposits are available in branches, but also using the Internet Banking and Call Center services.