Savings

Type of Accounts

Savings Accounts

This account has the advantage of holding no limitations on the number of withdrawals. The interest rate is presently 2.25% (APY* 2.28%) and is calculated daily and credited to the account monthly. No interest is calculated, if the balance is less than ANG 1,000.00.

*APY: Annual Percentage Yield. The prevailing percentage rate reflecting the total amount of interest paid on a deposit account based on the effect of compounding interest.

Time Deposit

We offer time deposits to customers who wish to invest a fixed amount for a fixed period of time. The interest rate depends on the term of the deposit. The term of a time deposit varies between 1 year and 5 years. The minimum deposits are ANG 5,000, USD 5,000 and EUR 5,000.