AstroBank raises deposit interest rates

Press Release

AstroBank raises deposit interest rates

 New 18-month term deposit product at 1.50% annual interest irrespective of amount

AstroBank has raised its deposit rates, in response to the needs of its clientele and the economy.

Following the programme of  ‘freezing’  base rate on performing housing loans and taking into consideration the prevailing socioeconomic changes, AstroBank has decided to raise its deposit rates and offer existing and new customers,  individuals and businesses, a fixed, preferential return on their savings, irrespective of amount.

Specifically, the Bank is offering attractive interest rates on 3, 6, 12 and 18-month term deposits as follows, regardless of amount:

• 3-month 0.25%
• 6-month 0.50%
• 12-month 1.20%
• 18-month 1.50%

Customers will receive the interest upon maturity while the Bank also offers the option of automatic renewal.

 For more information, terms and conditions, regarding deposit products and revised interest rates in force as of 08 June 2023, please contact one of AstroBank’s branches across Cyprus.

 

 

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