FUIB retail UAH-denominated deposit portfolio reaches UAH 6 billion

FUIB retail UAH-denominated deposit portfolio reaches UAH 6 billion

27.06.2019
PUMB

Ukrainians continue to choose First Ukrainian International Bank (FUIB) to invest their money. An attractive interest rate, flexible deposit terms and a high level of reliability make FUIB one of the best banks for saving and growing funds. As of 26 June, the retail UAH-denominated deposit portfolio (term and demand deposits) makes UAH 6.068 billion. The growth in the portfolio has made +18.33% or +UAH 940 million since the start of the year.

This rapid growth is driven by two factors: new clients and increased average deposit amounts. “At FUIB we set to grow the deposit portfolio as far back as late 2018. In December, the growth exceeded UAH 200 million. Over the past six months, we got almost UAH 1 billion. The recipe for our success is simple: we offer one of the best terms in the market – a high yield and convenient deposit terms. Our clients can manage their funds through a mobile application, and we guarantee a high reliability. A growing number of our clients come to place their funds with FUIB because they know that we’re going to keep their money safe and grow it,” said Dmytro Polishchuk, director of FUIB Retail Products Business Department.

More than 80,000 clients have already placed their deposits with the bank. Since early 2019 their number has grown by 12,000 or +17.6%. Many of them enjoyed the opportunity to open a deposit using FUIB Online mobile application. It takes just a few clicks to open a Free, Profitable or Accumulative deposit using the mobile application.

Independent experts also evaluated FUIB’s convenient and favourable deposit terms. Thus, FUIB has recently entered the top 5 in the Population Choice nomination of the Financial Oscar rating conducted by Business magazine. The nomination includes banks that are trusted by people most and, therefore, are chosen for placing deposits.

As of 1 May 2019, the total portfolio of FUIB retail client funds, including current and term deposits both in Ukrainian hryvnia and foreign currency, as well as the account balances made UAH 17.719 billion.