Bank Ipak Yoli introduces new deposit Taminot

Tashkent, Uzbekistan (UzDaily.com) -- Open joint-stock commercial bank Ipak Yoli (Bank Ipak Yoli) launched a new deposit Taminot, which allows depositors to receive credit without additional security.

The bank said customers can deposit from 3 million soums to 28 million soums and receive credit card with credit limit of 70% of deposit size.

Bank Ipak Yoli said the credit sum can be withdrawn from deposit or depositor can pay them in cash.

The interest rate on deposit is 28% APR and on credit - 24% APR. The interest rates directed to repay credit interest rates, the bank said.