PRIME-TASS. Deposits held by private clients with Investbank, based in Kaliningrad, jumped by Rub 1.83 bln from Rub 2.06 bln to Rub 3.90 bln in January-November 2008, the bank’s press service reported.
In late October all branches of Investbank offered a new deposit (named “Guaranteed”) allowing depositors to generate the highest possible income even with small amounts invested. The interest rate on funds provided in rubles in Moscow, the Central Black-Earth region and Rostov-
Also, Investbank’s branches in Moscow, Rostov-on-Don, Kaliningrad and Kaliningrad region are to conduct a New Year’s Surprise campaign starting December 1, 2008 through February 28, 2009, under which a depositor may take a decision on the term of his/her deposit already after the deposit account is opened. The minimal deposit amount is Rub 2,009 or an equivalent amount in US dollars or euros. An unlimited number of additional cash injections is provided for by the terms of the deposit account.
Investbank established in 1989 currently provides services to over 200,000 clients in European Russia, in the Urals and Siberia. International rating agency Standard&Poor’s assigned a ruBB national scale rating to the lending institution. As of April 18, 2008 the bank’s major shareholders were Vladimir Antonov (52.5%) and Rekha Holdings Limited (Cyprus, 16.31%).
