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Finance
21/07/2009
Kapitalbank realizes saving certificates to individuals
Kapitalbank
Tashkent, Uzbekistan (UzDaily.com) --
Kapitalbank open joint-stock commercial bank started to realize saving certificates for individuals worth over 1 billion soums.
The par value of certificate is 100,000 soums. Interest rate set based on circulation term of the security.
Individuals can receive 14% APR for investing six month certificates, 16% APR to nine-month certificates, 18% APR to 12-month certificates, 20% APR for 18-month certificates, 22% APR to 24-month certificates and 24% to 36-month certificates.
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