Term Deposits

Terms: 

  • Term deposit can be opened in the following currencies: GEL, USD;
  • The min. limit of the deposit – 125 000GEL, 50 000 USD;
  • The validity of the deposit are: 6-12, 12-18 or 18-24 months;
  • The interest rate income is available on monthly basis or while the deposit deadline;
  • In case of violation of the deposit terms, the interest rate income from the allocated sum will not be accrued;
  • The current account in JSC ,,International Bank of Azerbaijan-Georgia,, is required, in order to open the deposit;
  • The changes regarding the amount, currency and time of the deposit are not permitted during the duration of the deposit agreement;

Advantages of Term Deposits:

 

  • Deposit account opening fee: free of charge
  • Amount deposition fee: free of charge
  • Accrued percent withdrawal fee: free of charge

 

Deposit Term Rate
Month Day Currency At The End
6-12 180-360 GEL 4.50%
    USD 2.00%
       
12-18 360-540 GEL 5.00%
    USD 2.50%
       
18-24 540-720 GEL 5.50%
    USD 3.00%

currency rates

  Buy Sell Rate
2.3800 2.4500 2.4217
2.6400 2.7400 2.7084
3.0700 3.2000 3.1446
1.0000 1.5200 1.4372
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