Dear Club members,
We hereby inform you that, as of 18.01.2016, Bank of Baku OJSC is enforcing changes and amendments on the terms of loan linked to deposit account.
In accordance with the amendments, the amount of credit line or cash loan linked to deposit in AZN currency can be up to 70%, in USD maximum up to 80% of total balance of deposit account. Interest rate of credit line or cash loan is defined as +5% attractive interest rate on deposit account in AZN currency and +3% attractive interest rate in USD.
Note: As of 15.01.2016 lending of credit line linked to deposit in USD currency and as of 18.01.2016 lending of credit line and cash loan linked to deposit in EUR currency will be suspended regardless of placement date of deposit.