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Finance 23/06/2010 InFinBank issues deposit certificates for legal entities
InFinBank issues deposit certificates for legal entities
Tashkent, Uzbekistan (UzDaily.com) -- Invest Finance Bank private open joint-stock commercial bank (InFinBank) issued deposit certificates for legal entities.

The bank said the nominal value of deposit certificates makes up 50 million soums and 100 million soums.

The interest rates are set based on circulation term of the deposit. For example, the interest rate on deposit certificate with 6 months term set at 10% APR, 24 month term – 13.5% APR.

In line with the legislation, interest rates, received from investments to deposits and bank’s securities for over a year, are exempted from income tax.

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