FUIB is raising interest rates on deposits for individuals

From March 23, 2020, new interest rates on short-term deposits in all currencies will enter into force in the First Ukrainian International Bank (FUIB). The yield of deposits in UAH will increase by 2-3% depending on the type and term of deposit. The yield of foreign currency deposits will increase significantly: you can now place funds in US dollars on "Vilnyi" demand deposit with the interest rate of 2% per annum, whereas funds in EUR can be placed with the interest rate of 1% per annum. FUIB currently offers some of the best conditions for placing deposits in UAH and in foreign currency.  

New rates for national currency deposits:

interest rates are specified taking into account loyalty bonus, as well as before the collection of taxes stipulated by the current legislation of Ukraine

New rates for US dollar deposits:

interest rates are specified taking into account loyalty bonus, as well as before the collection of taxes stipulated by the current legislation of Ukraine

New rates for euro deposits:

Review and subsequent increase of deposit rates is the bank's response to recent weeks' trends.  “Ukraine is currently taking another endurance exam. Many Ukrainians have been forced to take vacations or lost part of their income due to the temporary suspension of business, entertainment, and closure of other facilities. Understanding the situation, FUIB should support its customers as much as possible: we will go through this difficult journey together. As at March 20, the bank has already implemented all the requirements of the new Law of Ukraine No. 533-IX regarding exemption of clients from any penalties for failure to fulfill their obligations under loan agreements in March and April. In addition to the requirements of the law, FUIB is developing a separate loan restructuring program for those clients who are unable to make monthly loan payments in time and in full after the “quarantine period”. At the same time, we are also ready to engage another category of clients who have free funds and are willing to multiply them. In the short term, it is very difficult to find an alternative to a bank deposit. Therefore, we revised interest rates for short-term deposits, since in the situation of uncertainty, this is the best solution for clients: in case of a demand deposit, you can withdraw the money at any time, and in case of a fixed-term deposit, the best period, which will allow one to both make a profit and still have access to money in the short run, is 1 to 3 months," commented Dmytro Polishchuk, director of FUIB department of retail business products.

The yield of deposits placed for a term of 6 or more months remains the same. fFnd more details about FUIB'` deposits on website

FUIB is included in the list of system-forming banks; it has been a regular participant of the Deposit Guarantee Fund of Individuals (DGFI) since 1999 and has been an agent bank of the Fund since 2015 (it has the right to pay compensations from the Fund to the clients of other banks that withdraw from the market). FUIB currently has record liquidity, which is almost double the National Bank's standards, which confirms the reliability and stability of the bank. In 2019, FUIB became one of the Top 3 Ukrainian banks in terms of profitability, having earned a record profit of UAH 2.6 billion. In terms of reliability, FUIB has the highest number of points – 5 – according to the rating of the independent "Credit-Rating" agency. Level 5 means the highest probability of the return of deposits in full within the time specified in the agreement.