Ipoteka Bank offers deposit certificates for legal entities

Tashkent, Uzbekistan (UzDaily.com) -- Ipoteka Bank open joint stock mortgage commercial bank offers deposit certificates for the legal entities, the bank said on an announcement.

The bank offers deposit certificates with par value of 50 million soums. Maturity terms of the certificates are 360 and 540 days. Interest set at 10.5% and 10.75% APR respectively.

Ipoteka Bank said it is selling deposit certificates through its main operational department.

In line with the legislation of Uzbekistan, income, received from deposit certificates, are exempted from income tax.