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Finance 26/03/2015 People’s Bank issues deposit certificates for 100bn soums
People’s Bank issues deposit certificates for 100bn soums
Tashkent, Uzbekistan (UzDaily.com) -- State commercial Narodniy Bank of Uzbekistan (People’s Bank) issued deposit certificates for legal entities, the press service of the bank said.

According to the Uzbek bank, total sum of the issue is 100 billion soums. Within the issue, the bank issue 750 deposit certificates.

The par value of deposit certificates make up 50 million soums, 100 million soums, 500 million soums and 1 billion soums.

The profitability of certificate is based on its maturity term. Profitability of deposit certificates with maturity term of from 181 to 365 days set at 7%, from 366 to 730 days – 8%, from 731 to 1,095 days – 9 APR.

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