Deposit in Rietumu Bank, 3% for 7 years
Subordinated deposit. Not covered by deposit guarantee scheme. In the event of insolvency or liquidation of the bank, the claims of priority creditors – creditors who have not agreed on a subordination agreement – are served first. This product investor is thus exposed to a higher risk, up to and including total loss, compared to senior creditors. It is not possible for the customer to set off the claim for reimbursement from the debenture against claims to the bank.
Interest rate
3.00%
7Years
Any amount
Details
Currency
EURDeposit opening fees
NoAdditional deposits
noEarly termination
noEarly partial withdrawals
noInterest payment frequency
semi-annuallyAvailable for
Latvia
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