The Ural Bank for Reconstruction and Development introduced the New Year’s Deposit for businesses; the offer is valid from October 24, 2007 to December 31, 2007, the bank’s press officer reports.

The winter holiday season is usually characterized by a certain commercial downfall, which is why the new deposit scheme is seen as a good way of making the most during this period of business inertia. The interest rate actually depends on the time period your money has been in the bank (between two and six months); if you choose to deposit your finances with the Ural Bank for Reconstruction and Development for five to six months, the interest rate will be set at 12% a year. The interest will be paid at the end of the deposit period.

«Thanks to this advantageous interest, our customers are given a chance to nicely deposit their money and make some profit after the New Year recess», the bank’s press officer notes.