Rising Star Deposit

The Rising Star deposit is the most valuable gift that can be given to any child!
A minimum initial amount of 5000 ALL or 50 EUR depending on the currency is required to open the deposit, hence building the first foundations of your children's security.

You can deposit the desired amount of money at the frequency you want or set up regular monthly payments that are debited directly from your account.
The offered interests are among the most competitive in the market.

This deposit is of great worth for parents that wants to save for their children's future.

Benefits

• Interest rate in LEK: 6M Treasury Bond with 3.280% interest
• Interest rate in EUR: Euribor 12m +0.5% (min 0.15%) with interest 4.169%
• Minimum amount: 5,000 ALL/ 50 EUR
• Maximum amount: There is no limit on the maximum amount for opening the deposit
• This deposit is offered in two currencies: ALL and Euro
• Maturity: The maximum term of the deposit is until the holder turns 18 years old
• Deposits: Deposits at the account are allowed at any time
• Interest crediting period on the account: Once a year, at the end of the calendar year

 
 

The interest rate will be variable every year in the month of April according to the basic interest rate published by Bank of Albania and Reuters on March 31st of each year, 6-month Treasury bond for deposits in Lek & Euribor 12M * 0.5% for deposits in Euro.  

Interest is paid once a year, every December 31.  

In case of closing the deposit before the maturity period, the client will not benefit from the interest of the current year, and the net interest of the two previous years.