Open a term deposit with Credo Bank to enjoy high interest rates.
You can open a business term deposit by visiting a service center or remotely through Mycredo Business.
If you are not a Credo Bank user, visit our service centers to open an account, register on Business Mycredo, and open a business term deposit.
With a term deposit, you can accumulate more than you could imagine.
* Note: Starting from 23.08.2023, interest rates for GEL deposits have changed. For automatic renewal, the interest rates and conditions on the renewal day will apply.
* As of January 1, 2018, the Bank participates in the Deposit Insurance System established under the Law of Georgia on the Deposit Insurance System. Upon the occurrence of an insurance event, the available funds on a depositor's deposit/account will be reimbursed by the Deposit Insurance Agency within the limit of GEL 50 000, while the remaining amount will be reimbursed in accordance with the procedures prescribed by the applicable legislation.
For additional information, please visit the website of the Deposit Insurance Agency: www.diagency.ge.
High Interest Rate: Fixed until the end of the term.
No Commission: Withdraw interest accrued on the deposit and the deposit amount without any commission.
INTEREST WITHDRAWAL AT THE END OF TERM
INTEREST WITHDRAWAL AT THE END OF EACH MONTH
*The rates listed above apply when opening a deposit through Mobile Banking.
When opening a deposit at a service center, the interest rate will be reduced by 0.20 percentage points for GEL deposits; by 0.10 percentage points for USD deposits with terms of 3–12 and 15–17 months, by 0.30 percentage points for 13–14 months, by 0.55 percentage points for 18–23 months, and by 0.50 percentage points for a 24-month term; and by 0.10 percentage points for EUR deposits.