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Certificate of Deposit

Invest your savings efficiently with a high-yield Certificate of Deposit.

A certificate of deposit (CD) is the bank's obligation to pay the stipulated amount to its owner on the date specified in the certificate's conditions.


CDs can be useful for savers looking to earn a higher interest rate without taking on significant risk. However, they are best suited for funds that can be left untouched for the term.

TERMS
  • Deposit Currency: GEL, USD, EUR
  • Initial Minimum Contribution: 1,000 units
  • Term of Deposit: 1 to 2 years
  • Interest Accrual: Daily, 365 days a year
  • Early Termination: Not allowed
  • Adding Money: Not allowed
ADVANTAGES
  • Free Purchase: No cost to buy a certificate of deposit.
  • High Interest Rate: Earn the highest interest rate on your savings.
  • Transferable: The certificate can be transferred to another person at any time.
INTEREST RATES

Interest Withdrawal at the end of Term




๏ปฟInterest Withdrawal at the end of Each Month


DEPOSIT INSURANCE

By the law of Georgia on the "Deposit Insurance System", from January 1, 2024, all deposit amounts in commercial banks and micro-banks are insured up to 30,000 GEL per depositor.

This insurance is automatic and does not require additional compensation.


For more information, visit the Deposit Insurance Agency

Contact Us

R.Tabukashvili 27, Tbilisi

Mon-Fri, 10:00 - 17:30

(032) 2 42 42 42

info@credo.ge