Saving money is always a good idea

What is the Term Deposit for business entities?

Term Deposit is an investment between the business entity, as depositor, and the bank. The entity benefits interests according to the term, amount deposited and the currency, which are selected based on its priorities. In any case, the entity has the right to renew the deposit, maintaining the same terms and conditions or to renew it with new terms and conditions.

Advantages and Features

• You can open a Term Deposit in all currencies: ALL, EUR, USD, GBP, CHF and CAD.
• The minimum amount for opening the deposit is 100,000 ALL or its equivalent in foreign currency.
• You can choose between different currencies and terms from 1 to 60 months.
• Automatic renewal, without having to appear at the bank.
• Safe and practical investment.

For any additional information on deposits, always make reference to the updated deposit interest bulletins published in our branches and on our official website, as well as to the working terms and conditions.

Interest Rates

Security

*All deposit accounts of any retail, commercial and corporate client, resident or non-resident, of Albanian citizenship or foreign one, who holds a deposit account at Credins Bank Sh.a, in ALL or any foreign currency, are provided with insurance by the Deposit Insurance Agency (ASD), to the extent of 2,500,000 (two thousand five hundred thousand) ALL or its equivalent in foreign currency, pursuant to the provisions set forth in Law No. 53 dated 22.05.2014,”On Deposit Insurance”, as amended. For additional information, visit:  www.asd.gov.al

Necessary documentation

• Identity Card
• Registration form (for new customers) or update for existing customers.
• Deposit Contract
• TIN Certificate (for new customers)
• Extract issued from the NBC (for new customers)
• Incorporation Act (for new customers)
• Articles of Association (for new customers)