Thursday, July 10, 2008

BOSNIAN BANKS TO INCREASE SAVINGS AND DEPOSIT INTEREST RATES

SARAJEVO, Bosnia (July 10,2008) - Berislav Kutle, general director of UniCredit Bank, announced higher interest rates on savings and deposits in banks, after loan interest rates were increased. Average deposit interest in Bosnia is only 0.45 per cent, while one-year term deposits bring 4 percent on an average.

Kutle stressed that a growth in passive interest rates on the money saved in the Bosnian banks must be increased, as a result of global, as well as local, financial trends.
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