Interest payment – once a month
Minimum sum – EUR 10,000
Individual rate is applicable for deposits over EUR 500,000
How to place a subordinated deposit?
*A subordinated deposit (within the meaning of the Banking Act – subordinated loan) is a loan provided by a customer to the bank with the possibility of receiving a certain profit (interest). By purchasing subordinated bonds of the bank or providing a subordinated loan, customers have an opportunity to earn more – interest rates are significantly higher than on term deposits or ordinary bonds. Subordinated deposits are not covered by the state deposit guarantee scheme. The depositor receives the principal amount of the deposit upon expiry of the loan term.