internet bank
GeneralCorporate BankingSavingsSubordinated loan to the Bank

Subordinated loan to the Bank

 

AS "Meridian Trade Bank" offers its customers the opportunity to invest free funds in subordinated loan. Subordinated loan - is a long-term investment, which includes participation in the capital of the Bank.

 Interest rates on subordinated loan is much higher in comparison with the classic deposits, as there are special terms for such investment and the customer bears more significant risks than in case of ordinary deposit.

 

Conditions:

 

  • Deposit currency - EUR, USD
  • Minimum deposit amount - EUR 100 000 or 100 000 USD
  • Term of deposit - 5 and 7 years
  • Interest payment - annually
  • The Lender can not withdraw the funds before the end of the contract period
  • In accordance with the regulations of the Republic of Latvia the subordinated deposit is not under the Government Guarantees.

 

Benefits:

 

  • More favorable interest rates compared with the classic deposits
  • It provides the possibility for non-residents to get a residence permit in the Republic of Latvia under the condition that the loan exceeds EUR 280,000 and is given for a period  not less than 5 years.

 

Deposits rates:

 

 

  Payment of interest   

  5 Year   

  7 Year   

 

 EUR  

  Annually

  4

 4.25

 USD

  Annually

 4.25

 4.50

 

 

 

More detailed information can be received:

e-mail: info@mtbank.eu

t. +371 67019153

 
Information
AS "Meridian Trade Bank" Head office
57 Elizabetes Str., Riga
LV-1772, Latvia
Ph.: +371 67019393
Fax: +371 67019149
E-mail: info@mtbank.eu
Skype: mtb_info
search
Currency exchange rates
January 19, 2017

 Buy*Sell*ECB
USD1.07931.05771.0664
GBP0.88710.84350.8683
RUB66.300060.560063.2480
*Amount of foreign currency for 1 EUR

Meridian Trader_engUnistream_engContact_engBaltikums