UniCredit Bulbank starts offering a new joint fixed-term deposit to individuals. This deposit offers the possibility for more than one person to deposit jointly owned funds with equal shares. With this new deposit product the clients can have higher interest rates compared to the rates on sight deposit accounts offered by the bank. In addition, the joint fixed-term deposit offers the possibility of using the deposited amount as collateral on loan transactions and commercial commitments.

The joint deposit may be opened in five types of currency – BGN, EUR, USD, CHF, GBP. The minimum balance for opening the deposit in the different currencies is respectively BGN 50, EUR/ USD 100, CHF 150, GBP 100 and the term can be 6, 12 or 24 months.

The depositors do not have to deposit in equal amounts – even only one client, in whose name the deposit is opened, may deposit funds. The new joint fixed-term deposit is opened and maintained without any fees.

The maximum interest rate that clients using this deposit can have is 5.60% for amounts of over TBGN 150 and a term of 24 months.

As at the end of last year the deposits of individuals and companies in UniCredit Bulbank were almost equally distributed. As at December 2011, the deposits of companies amounted to nearly BGN 3.7 billion, which represents 13% growth year-on-year. At the same time the deposits of individuals and households have increased by 9.8% in the course of a year and at the end of 2011 they amounted to almost BGN 3.6 billion.

More information for media:

UniCredit Bulbank, Identity & Communications Department

Viktoria Blajeva, Phone: + 359 2 9264 993, wjlj/ebwjepwbAvojdsfejuhspvq/ch

Ekaterina Ancheva, Phone: + 359 2 9264 963, еlbufsjob/bodifwbAvojdsfejuhspvq/ch

More information for clients: UniCredit Bulbank, Call Centre Phone: 0700 1 84 84