
To honor its 20th anniversary DemirBank held 4st draw of “ANNIVERSARY” lottery, where the grand prize is TOYOTA RAV4 automobile. This draw identified the winners of Toyota RAV4, trip to Paris for two and 3 digital video cameras. The winners were informed of a gain by the Bank.
Grand prize – TOYOTA RAV4 car was placed on a display platform in front of the Bank’s head office. Also the lottery plays 7 day trips to Prague, Vienna, Milan, Paris and 15 Samsung video cameras. The monthly lottery involves all funds of population (except for “Sari\Yellow” deposit) deposited in DemirBank with a term longer than 12 months and value over 1 000 AZN\USD\EUR\GBP. Each deposit worth 1 000 AZN\USD\EUR\GBP at the drawing for each prize.
DemirBank offers its customers a wide variety of deposits on favorable terms, which can satisfy individual needs of the depositors. A depositor may receive interests in the beginning of the deposit term, monthly, quarterly, annually or at the end of term. Individual products allow adding up to the deposit, premature withdrawal of the deposit without lost of interests, accrual of interest on interest, credit card line for the equal to 70% of the deposit value and other advantages. Highest interest rates on deposits are equal to 18.75% annual. Deposits in DemirBank are insured in accordance with rules of Azerbaijan Deposit Insurance Fund.
“Volume of deposits in DemirBank amounts 72,8 million AZN. DemirBank is among leading banks for volume of population’s deposits, which have increased by 70% for the last year. DemirBank is one of the leading banks of the country by these indicators. On one hand this reflects the successful operation of the Bank and customers confidence in it, and on the other hand shows the interest of population to the Bank’s deposits and lottery campaign”- said Yusif Jabbarov, deputy Chairman of the Management Board.
DemirBank is soon planning to announce another winning campaign among its depositors.
One of the first banks of Azerbaijan, DemirBank (formerly called Azerdemiryolbank) started its operations in 1989. Shareholders of the Banks include large international financial institutions, such as European Bank for Reconstruction and Development (EBRD) and Netherlands Development Finance Company (FMO)
