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About Subordinated Deposit
Subordinated deposit is long-term investment by depositing funds in subordinated capital of Norvik Bank and higher interest in comparison with other types of bank deposits.
Conditions of Subordinated Deposit:
  • Currency of deposit – EUR, USD
  • Amount of deposit – from 100 000 EUR or 150 000 USD
  • Interest payments – per month, per year, at maturity of agreement
  • Term – from 5 to 10 years
  • Early termination – not applicable
  • Supplement of deposit – not applicable
  • In accordance with the regulations of the Republic of Latvia subordinated deposits are not covered by the state guarantee scheme
Advantages of Subordinated Deposit:
  • Higher interest rate in comparison with other types of bank deposits
  • Flexible interest payments
Applying and Contact information by calling our managers
Yelena Guseva
Head of privileged (VIP) client servicing unit
(+371) 67041129
Also by calling: (+371) 67011618, (+371) 67041122, (+371) 67011471
Deposit rates
  Interest paid5 years6 years7 years10 years
EUR At deposit maturity date2.75%3.00%3.35%4.00%
EUR Yearly2.45%2.55%2.75%3.00%
EUR Monthly2.35%2.50%2.70%2.90%
USD At deposit maturity date2.75%2.75%3.25%4.00%
USD Yearly2.45%2.55%2.70%3.00%
USD Monthly2.35%2.50%2.60%2.90%
norvik-subordinated