TBI Bank expands its savings offer by introducing a 15-months deposit with top interest of 4.4%

TBI Bank starts 2020 with a brand new savings offer – a 15-month deposit in RON with a top interest rate of 4,4%! The new tenor is targeted at customers with savings horizon between 1 and 2 years, where currently not many banks have offers. The new tenor is available both at the bank’s agencies and on TBI online deposits platform thus enabling a large majority of customers to benefit from the value proposition –  the traditional savers that are accustomed to visiting a bank branch and the ones that prefer a fully digital journey and appreciate the increased flexibility and time saved by using this 100% online solution.

Following the bank’s strategy to offer clients a great value proposition for their savings, in addition to the great rates offered on all deposits in RON, TBI Bank doesn’t charge any deposit account administration fees and cash handling fees at deposit opening or at withdrawal upon maturity. Another great benefit TBI offers to its clients is the opportunity to earn 1% interest in case of deposit early termination.

“Today almost everyone has a saving goal – it’s either a new car, house, exotic travel or peaceful retirement. In order to reach those goals, we need to mind our savings horizon and save efficiently, meaning to go for a good interest rate that is best case scenario is higher than the expected inflation and very important – to stay away from the hidden costs that quietly deteriorate our savings. This is the belief, based on which we build our value proposition – great rate, flexibility, and no hidden fees” said Denis Căciulă, Head of Deposit Management in TBI Bank.

In addition to introducing a new deposit tenor, starting with the 1st of January this year, TBI Bank also updated the interest rates on all its deposits in RON aiming to better reflect the current market environment.