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Finance 30/04/2013 Asaka Bank places saving and depository certificates
Asaka Bank places saving and depository certificates
Tashkent, Uzbekistan (UzDaily.com) -- State joint stock commercial bank “Asaka” issued saving certificates for individuals and depository certificates for legal entities.

According to the bank, total volume of depository certificates for legal entities makes up 35 billion soums.

The profitability of certificate is based on its maturity term. Profitability of deposit certificates with maturity term of 370 days set at 8%, 546 days – 8.5%, 728 days – 9%, 910 days – 9.5% and 1,092 days – 10%.

The bank said that depository certificates are placed by headquarters and branches of Asaka Bank.

According to the bank, the nominal value of the saving certificates makes up 500,000 soums.

Total number of issued certificates makes up 200 units for 100 million soums. The maturity term is 546 days and interest rate set at 24% APR.

The bank said that the saving certificates are placed by branches of Asaka Bank.

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