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Finance
13/11/2012
Asaka Bank to place depository certificate for 20bn soums
Asaka Bank to place depository certificate for 20bn soums
Tashkent, Uzbekistan (UzDaily.com) --
State joint stock commercial Asaka started to sell depository certificate for legal entities with total sum of 20 billion soums, the bank said in a statement.
The bank said that the interest on depository certificates set based on maturity term. The interest rate for certificates with 370 days of maturity term is set at 6% APR, 728 days – 7% APR, and 1,092 days – 8%.
The depository certificates of Asaka Bank will be realized through headquarters and branches of the bank.
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