Banca Intesa Beograd on the Occasion of the Savings Day

Foreign currency savings of Banca Intesa Beograd increased more than 80% in the last year and have been growing constantly in this year, too so that up to date the total retail savings (DINAR AND FOREIGN CURRENCY) exceed 20 billion dinar, out of which the foreign currency savings amount to more than 230 million euro. Thanks to that Banca Intesa Beograd is positioned at the very top in the Serbian banks’ ranking, according to this indicator.

Banca Intesa Beograd attains such results thanks to stimulating interest rates for savings during the entire year and the possibility to pay interest monthly on time deposits in foreign currency deposited on 12, 24 and 36 months. This type of savings is very attractive for the owners of „frozen savings“, though it is intended for all natural persons that deposit more than 1,000 euro on savings in foreign currency in Banca Intesa Beograd and/or the countervalue of this amount in the USD currency, respectively.

Banca Intesa Beograd offers natural persons the most favourable rate in all branches if they buy EUR and at the same time deposit them as time deposit in foreign currency for the period of  3, 6, 12 and more months.

This year Banca Intesa Beograd celebrates the Savings Day in the following ways:

• by introducing increased interests on savings in the period from October 31st to November 6th 2005, supporting the action of the Governor of the NBS and,
• by giving 100 savings books with deposits amounting to 6000,00 dinars, to neglected children from the child-care centre in Zvečanska street;

1)  Banca Intesa Beograd supports the proposal and joins the action of the Governer of NBS. Therefore on the occasion of the World Savings Day, and wishing to stimulate savings in the retail sector, Banca Intesa Beograd  increased interest rates for all time savings in foreign currency deposited for more than 3 months in the period from October 31st to November 6th 2004.
The interest rates for time savings in foreign currency have been increased so that during this week they amount:

up to 4% on 3 months
up to 5% on 6 months  and
up to 8% on 12, 24 and 36 months.

Increased interests shall be applied in the mentioned period to all foreign currencies that may be deposited as time savings in foreign currency anyway. Taking into consideration the outstanding effects of increasing the retail savings in foreign currency in Banca Intesa Beograd that were attained by a similar action last year, even better results are expected in 2005.
                                                    
2)  Banca Intesa Beograd is continuously helping young people and on the occasion of the World Savings Day, this is the second year in succession that the action is being organized to help and make young people familiar with savings.  Also in this year Banca Intesa Beograd paid special attention to people and future clients that cannot live with their parents because of various reasons. Concerning that fact, the Bank provided a gift amounting totally to 600 000,00 dinars to older proteges of the Child-care centre in Zvečanska street. One hundred neglected young people in the age from 15-25, from the child-care centre in Zvečanska street shall obtain savings books with dinar at sight saving deposits in the amount of 6.000,00 dinars.