If you want to effectively invest your savings for a high return, a certificate of deposit is the best option.
Certificate of Deposit is a securities type product. It is the obligation of the bank towards the certificate holder to fulfill the conditions stipulated in the certificate.
Unlike other types of deposits, the Certificate of Deposit holder has the right to alienate the certificate at any time before the expiration date.
Basisbank offers:
Discount certificate of deposit - you will receive interest and the initial amount at the end of the term.
Interest deposit certificate - you will receive interest on a monthly basis and the initial amount of the certificate at the end of the term of the certificate.
General conditions:
Certificate acquisition – free of charge
Currency - GEL / USD / EUR
Nominal/par value: 1,000 unit
Minimum volume – GEL 30 000, USD 10 000, EUR 10 000
Addition of a money sum to Certificate is inadmissible
GEL
Term
Discount
Discount
Interest bearing
Interest bearing
USD
Term
Discount
Discount
Interest bearing
Interest bearing
EUR
Term
Discount
Discount
Interest bearing
Interest bearing
From January 1st, 2018, the Bank is a member of a deposit insurance system established in Georgia in accordance with the Law of Georgia on Deposit Insurance System.
In case of insurance event, the amount available on the depositor’s deposit/account will be reimbursed by the Deposit Insurance Agency, within the limit 30 000 Gel. The amount above the limit shall be compensated as provided under the effective legislation of Georgia.
For more information on deposit insurance system, visit web site at: www.diagency.ge
