Bank24.ru held a seminar on the modern savings techniques on April 24, 2007. The bank’s experts spoke on how to protect your money from inflation and make it yield profit; the company’s bill program appeared to receive the listeners’ greatest attention.

‘This is hardly surprising, as people are well aware of the benefits a bank deposit can offer, whereas bills of exchange are still a grey area to many of them. In the meantime, our bank’s bill schemes yield up to 13.75% a year, which is an interest rate not too many deposits can boast. Besides, a bill of exchange is a reliable way of making payments; it can also be used as loan collateral and a bank guarantee,’ says Natalia Kondratenko, the bank’s Bills of Exchange Director.

The seminar was part of a series of workshops devoted to finance management technologies. The next seminar has been scheduled for May and will be devoted to banking services for businesses, the bank’s press officer reports.