One more bank in Azerbaijan pays tax on deposits

Baku. 9 June. REPORT.AZ/ "Yapi Kredi Bank Azerbaijan", launched a new savings campaign.

Under the terms of campaign a minimum of 5 million, the maximum amount of 20 thousand manats, at least 9 months, most of the deposits placed for a period of 12 months will be calculated on the income tax on the dividends paid by the Bank.

Report informs referring to the bank, customers who want to benefit from the campaign, "Yapi Kredi Bank Azerbaijan" in the last 3 months should not issue any term savings deposit or must be a new deposit customers.Savings interest is payable at the end of the term of the deposit.

The campaign is available for each client only once.0.25% per annum payable on the deposits prematurely canceled

and the Bank assumes no liability for the tax savings.

Annual dividend paid on deposits is 12%.