Russian Standard Bank: deposits and loans

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

In the past few years, the credit market in Russia is experiencing a real boom. This is due to minor changes in state legislation and the struggle of financial organizations for the consumer. Russian Standard Bank, where deposits and loans are issued with frightening simplicity, is today one of the fastest growing in the Russian Federation.

This organization was founded in 1999 and named after the company - the main shareholder. In addition to Russian Standard CJSC, the International Financial Corporation is a shareholder. Today, this bank is a highly reliable institution offering financial services that are not only comparable to the world level, but also focused on a very wide segment of consumers.

A clear business strategy and the use of the latest economic methods helped to firmly occupy its niche in consumer lending for an organization such as Russian Standard Bank. Deposits and loans serviced by him allowedcompanies to receive high ratings from international agencies: Moody's and Standard &Poor's. The organization is constantly looking for new ways to increase its capital and increases its authorized capital every year. In addition, she participates in the deposit insurance program, which gives her clients confidence in the future.

Russian Standard Bank: deposits

Financial organization provides its customers with many ways to save or increase their money. Several groups of deposits were developed specially for them. Deposits in one group allow you to get high interest on a long-term investment. The main feature of such deposits is that money cannot be withdrawn from the account before the expiration of the contract. In any other case, the client will receive practically no profit. There are other deposit programs offered by Russian Standard Bank. Deposits, the interest on which is credited to the account on a monthly basis, are also convenient for customers. They can either be capitalized - added to the deposit account and receive more money in the next reporting period - or taken as income. There is also a third group, in which the deposit rate is low, but the client is free to replenish the account and withdraw money from it when he wants to.

Russian Standard Bank, where deposits can be divided into several groups, provides the following interest rates on its deposits:

1. "Maximum" - 4.5-6.75% USD, 10.5-12.75% RUB.
2. "Rentier" - 4, 5-6,5% USD, 10-12.5% RUB
3. "Convenient" - 10.5-10.5% rub.

To make a deposit, you must provide a valid passport of a citizen of the Russian Federation and reach legal age. In our country, it is 14 years old.

The dynamics of the company's development shows that any events in the financial world will in no way stop Russian Standard Bank. Contributions in 2013 allowed this organization to increase the number of its assets by more than a third. This indicates the high qualification of the bank's employees and the excellent quality of service. Managers are always ready to help the client on any issue, and issuing a credit card or bank account is easy and effortless.