Liquidity Management

OTP Bank offers a number of instruments in Ruble and foreign currencies to manage the client’s liquidity

Instruments:

  • Fixed term deposits
  • Promissory notes

Deposit "Classic"

You can make a deposit for a certain period with fixed income to be paid on maturity.

Terms and conditions:

  • RUB, USD or EUR.
  • From 1 to 36 months.
  • No early withdrawal or replenishment.
  • Interest rate up to 10.75% per annum in Ruble (from 30 to 100 mln RUB. RUB for 12 months).
  • Accrued interest is paid at the end of the term.

Deposit "Interests First"

You can make a deposit for a certain term with fixed income to be paid on the next day after placing a deposit.

Terms and conditions:

  • RUB, USD or EUR.
  • From 1 to 36 months.
  • No early withdrawal or replenishment.
  • Accrued interests is paid on the next day after cash a deposit is placed

"Overnight"

You can place money overnight at a preferable rate.

The Treasury makes quotation upon client’s request .

Advantages of placing deposits in OTP Bank:

  • Guarantee of funds safety and deposit secrecy.
  • Attractive rates.
  • Guaranteed income from deposits;
  • Placing deposits via Internet bank system.

Promissory notes

A promissory note is a document of the established form that gives its holder an unconditional right to request the person indicated in the note of (payer) to pay a certain amount on a certain date.

Funds are placed in RUB, USD or EUR.

Advantages of issuing promissory notes with OTP Bank:

  • Issuance, execution or purchasing of promissory notes in any of the main currencies.
  • Issuance of promissory notes with maturity set upon agreement with the client.
  • The Bank keeps firm quotes for purchase of its own promissory notes on daily basis.


Please contact the OTP Bank employees for more details.