Dear clients,
Piraeus Bank has prolonged the attractive deposit offer that allows а depositor to obtain the interest at the rate of 20.09% per annum in 2009.

Any depositor who wishes to obtain the interest upfront at the rate of 20.09% per annum from the bank which is a part of the international banking group may open a 3 month deposit account in UAH and take advantage of five indisputable benefits: 

• To obtain the interest upfront – an amount of interest is paid upfront on a day of charge of a deposit amount to a deposit account.
• To take advantage of one of the highest interest rates among the banks which are subsidiaries of the strong banking groups – 20.09%!
• The deposit is a short term one. With the deposit term being only 3 months, the interest rate offered to a depositor is such that is offered  by other banks with international brands subject to the longer deposit terms (1 year and more);
• On a day of acceptance of a deposit, account "Free" that allows withdrawing and crediting money daily and obtaining the increased interest at the same time is opened for a depositor. An amount of interest on the deposit "Happy 20.09%" is charged to account "Free". If the money is kept on this account, a depositor earns "interest on the interest" and can withdraw them in cash at any moment. At the end of the deposit term, the deposit amount will also be transferred to account "Free";
• There are no limitations in terms of the minimum deposit amount (the minimum amount is UAH1), there are no commissions!

Attention! Due to high demand the offer "Happy 20.09%" is prolonged till February 28th, 2009. 

Note. Piraeus Bank S.A. is one of the major banking institutions of Southern and Eastern Europe with assets of  52,86 bln (as of 01.10.2008). Established in 1916, Piraeus Bank today has a regional network of more than 860 branches and offices in Greece, Ukraine, Romania, Bulgaria, Albania, Egypt, Serbia, Cyprus as well as in the world financial centres of New York and London. Piraeus Bank S.A. leads Piraeus Bank Group, which consists of 9 banks and 21 companies covering the entire range of financial activities and operations on local and international markets. The Group's personnel are more than 14000 employees.

OJSC "Piraeus Bank ICB" is a legal successor of OJSC "International Commerce Bank". On 13th of September 2007 Piraeus Bank S.A. announced about completion of the process of acquisition of 99,6% of International Commerce Bank share capital. The bank name change into Piraeus Bank ICB was announced in the beginning of 2008. As of 01.01.2009 Piraeus Bank S.A. owns 99,9482% shares of Piraeus Bank ICB.

The regional network of Piraeus Bank ICB covers 11 regions of Ukraine.

As of 01.11.2008 the net assets of the bank make UAH 2 346 mln, deposits of individuals make about UAH 312 mln, credit and investment portfolio makes UAH 1 995 mln, financial result UAH 20,2 mln.

Piraeus Bank ICB is a member of Association of Ukrainian Banks and a participant of the Fund of Guaranteeing the Deposits of Individuals.

Piraeus Bank Press Service in Ukraine
Andriy Sakhno
phone/fax: +38(044)495-8888
e-mail: asakhno@piraeusbank.ua