Banks, Financial Services, Lithuania
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Parex Bankas raises interests for time deposits in litas, euros and dollars
Danuta Pavilenene, BC, Vilnius, 21.07.2008.
Print version
Print versionAs of Monday, Parex Bankas raises interests for time deposits in litas, euros and U.S. dollars.
According to the bank"s report, the bank will pay clients for two-year deposits in litas the interest of 7%, an increase of 0.25% percentage point from the previous interest.
The interest for deposits in U.S. dollars is raised the same percentage point to 3.80%. The bank will pay interest of 5.8% for two-year deposits in euros, an increase of 0.73%.
Over 2007, the deposit portfolio of Parex Bankas advanced 65% to 631 million litas (182.4 million euros). Over the first half of this year, it advanced 11% (72 million litas/ 20.8 million euros) to 744 million litas (215.077 million euros).
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