Progressive deposit - higher possible returns!
Starting form 1st of September up to 7th of October this year SEB banka has a great offer for its clients - Progressive deposit 04 - Greater China and Progresssive deposit 05 - Greater China with risk premium!
SEB banka has prepared a new deposit product for you- Progressive deposit. This product gives you the opportunity to earn higher profit, like that of stock markets but at the same time reduces the risk - we guarantee to return your deposit in full amount at the end of the term.
The profit of Progressive deposit is directly linked to the success of one of the world's stock market indexes. If at the end of the term value of the index increases - so does the interest rate of Progressive deposit. For this reason the deposit is quite like the buying and selling of stocks but in the contrary to stock markets, in the case of negative market situation you do not lose your money because the bank guarantees full return of the principal amount.
According to the head of Treasury department Kristaps Strazds : "By investing their money in Progressive deposit our clients receive the opportunity to earn higher profits than those of standard deposits without great risk. This has become especially important now when the inflation rate has reached such high levels that the current bank deposit rates cannot cover them. Such stock market linked deposit products have gained great popularity in Eastern Europe, especially in the private individual sector. In cooperation with the SEB group bank in Sweden, now we can also offer this product to our Latvian customers. The first offer of Progressive deposit generated great interest among the clients of SEB banka, proving that Latvian population is ready to choose modern but at the same time safe investment products instead of the traditional deposit."
You have the opportunity to apply to the fourth and fifth offers of Progressive deposit!
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