About Bank
-
General Information
- Correspondent accounts
- Bank`s requisites
- Organizational Structure
- Management
- Audit Committee
- Supervisory Board
- Strategic plan
- About us
-
Corporate Management
- Achievments
- Form of complaints and appeals
- Responsible Lending Policy
- AML/CFT
- Risk Management
- Criteria for selection of external audit company
- Deposit policy
- Lending policy
-
Human Resources
- Vacancies
- Application Form
For life
Plastic CardsFor Bussines
Plastic Cards
Internet Banking
Credit Calculator
«Term» deposit
| Criteria | Terms | |||
|---|---|---|---|---|
| Initial amount | 100 AZN / USD | |||
| Term | 6 - 24 months | |||
| Payment of interest | Monthly or At Maturity | |||
| Increasing the amount | Not available | |||
| Decreasing the amount | Not available | |||
| Prolongation |
If within 5 (five) calendar days before the end of the term of the deposit agreement, one of the Parties (the Party means the Customer and the Bank) does not notify the other Party of the termination of the Agreement, the Agreement shall be renewed by the Bank for the same period, at the interest rate of the relevant deposit product effective at the date of extension, as stated if the interest rate exceeds the upper limit of the annual interest rate on protected deposits, it is extended with an interest rate equal to the upper limit of the annual interest rate on protected deposits effective on the date of extension |
|||
| Loan | 90% of amount (allotted as loan or line of credit) | |||
| Annual interest rate of loan | Annual interest rate of deposit + 5% | |||
| Annual interest rate of line of credit | Annual interest rate of deposit + 5% | |||
| If credit currency different than deposit currency |
Annual interest rate of credit: Annual interest rate of deposit / 0.8 + 20% Annual interest rate of credit card: Annual interest rate of deposit / 0.8 + 20% No Grace Period |
|||
| Commission of loan |
Cash commission: 0% Note: Commissions for the loans given in the form of credit card are charged according to the conditions of that product. |
|||
Comissions:
| Account deposit fee through payment terminals (Pasha Pay - Milli Ön, E - Manat, M Pay, Katech LLC - Keshpay) Note: payment terminals located in AR territory and accepting payments, kiosks, personal computer (PC), POS terminal, PC cashier, e-wallet, mobile applicatio, e-voucher, mobile banking, etc. | 1.2% |
| Payment terminal fee (Express Pay) Note: payment terminals located in the territory of AR and accepting payments, kiosks, personal computers (PC), POS terminals, PC cashier, electronic wallet, mobile applications, e-voucher, mobile banking etc. | 0.6% |
Interest rate by deposit term
| Term (Month) | AZN | USD | ||||||
| Monthly | At maturity | Monthly | At maturity | |||||
| 6 - 8 | 3.00% | 4.00% | 1.25% | 1.50% | ||||
| 9 - 11 | 4.50% | 5.50% | 1.75% | 1.75% | ||||
| 12 -24 | 9.75% | 10.25% | 2.50% | 2.50% | ||||
Interest payment on foreclosure
| Term | Annual interest rate (AZN) | Annual interest rate (USD) |
| 0 – 180 days | 0.00% | 0.00% |
| 181 – 270 days | 2.00% | 0.50% |
| 271 - 360 days | 3.00% | 0.75% |
| 361 – 720 days | 4.00% | 1.00% |
Note: Bank BTB is a member of the Deposit Insurance Fund, established according to the state law "On Deposite Insurance". All deposits at Bank BTB are insured based on conditions and regulations of the Fund. If the interest rate is more than interest rate of the insured deposits, it is possible to define the interest rate according to the insured deposit rates that is valid at the same time.
