KICB offers its corporate clients to place funds on time deposits. Time deposit for companies and organizations differs by wide choice of maturity periods and high interest rates.

Advantages of time deposit with KICB:

• Reliable placement of funds
• Wide choice of maturity periods
• Beneficial and competitive interest rates

Time deposit for legal entities*:

*the given rates are effective for a new deposit of a Customer only if the aggregate amount of all time deposits of this Customer including the new one does not exceed USD 500,000 or equivalent of this amount in other currencies. For amounts over this limit interest rates are negotiable and to be confirmed by Bank's Management.

Requirement:

• Minimal amount of USD 500 or equal amount in other currency

If your company needs funds before the maturity period of the deposit, you can terminate the agreement without penalties. Moreover, if at the moment of the agreement termination, the funds have been at the deposit account for more than a half of the period, your company will get 50% of accumulated interests.

Deposit agreement