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Belarusbank Temporarily Stops Accepting Certain Deposits

Some deposits will now secure greater interest returns, while others maintain their current rates.

Rates on alternative deposits are set to increase subsequently.
Rates on alternative deposits are set to increase subsequently.

Belarusbank Temporarily Stops Accepting Certain Deposits

Starting May 28, Belarusbank will temporarily halt the signing of new agreements for certain deposit offers across various currencies, as announced by the institution's press service.

The affected deposit options in Belarusian rubles include:- The time-bound, withdrawable deposit "Correct Choice" with terms of three and nine months- The time-bound, non-withdrawable deposit "Classic Non-Withdrawable for 1 Year" with a fixed interest rate- The time-bound, non-withdrawable deposits "Profit Plus" and "Profit Plus Online"- The time-bound, non-withdrawable deposit "Grow Together" (part of the "Children's" complex product) with terms of three and four years- The time-bound deposits "Withdrawable for Non-Residents" with a term of three months and "Non-Withdrawable for Non-Residents" with terms of three and nine months- The time-bound, withdrawable deposit "Correct Choice Online" with terms of 45 days, 6 and 9 months, excluding those opened within specific clubs and banking products

Deposit offers in Russian rubles that will no longer be available are:- The time-bound deposit "Classic Withdrawable with a Fixed Interest Rate" with terms of three, six, and nine months- The time-bound, withdrawable deposits "Ruble" and "Ruble Online" with terms of 13, 18, 24, and 36 months- The time-bound, non-withdrawable deposit "For the Future" (part of the "Children's" complex product) with terms of three and four years- The time-bound, withdrawable deposit "Fixed Online" with terms of three, six, and nine months

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For USD and EUR deposits, new agreements for the time-bound, non-withdrawable deposit "Grow Together" (part of the "Children's" complex product) will not be concluded.

Previously opened deposits can still be topped up under the same conditions as stated in the contract. Conversely, interest rates for newly accepted non-withdrawable deposits in Belarusian rubles will increase from May 28 onwards.

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For more details on different deposit options, refer to the provided link or contact Belarusbank directly.

Additional platforms to stay updated include our Telegram channel, Instagram account, and Viber account.

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In light of the announcement by Belarusbank, new agreement signings for the time-bound, non-withdrawable deposit "Grow Together" (part of the "Children's" complex product) in USD and EUR will be temporarily halted from May 28, affecting the finance sector and business operations.

Currently, deposit offers in Russian rubles, such as "Classic Withdrawable with a Fixed Interest Rate" and "Ruble Online," will no longer be available for new agreements as well, impacting the business sector and financial choices.

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