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28.08.2025
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28 August 2025

Cyprus Development Bank announces new deposit product

In a rapidly changing financial market, more and more people are looking for solutions that provide a stable income and allow them to manage their funds freely. cdbbank's new FlexiQuarter banking product offers just that, combining a favorable interest rate with penalty-free access to funds.

Deposits can be made for up to 12 months, and depositors can withdraw their entire deposit at the end of any quarter, starting from the date of opening. This provides a rare degree of freedom for term deposits and helps depositors respond effectively to changes in the market or in their personal financial plans.

Terms and benefits for depositors

The minimum investment amount is €50,000. The interest rate for the first quarter is 1.4%, and the average annual return is approximately 1.1%. Customers can choose how to handle the interest: receive it in their current account or add it to the principal to increase the deposit amount. The deposit is protected by the national deposit guarantee system, which provides additional financial security.

Кипрский банк развития запустил новый депозитный продукт

The bank takes a modern approach to customer service

The bank notes that it strives to adapt to new economic conditions by creating products that meet the expectations of modern depositors. FlexiQuarter is the answer to the market's demand for flexible, reliable investment solutions that allow you to avoid tying up your funds for extended periods while still earning a tangible return.

Deposits can be opened in person or remotely, and you can obtain advice on the terms and conditions by phone, email, or in person.

Source: inbusinessnews.reporter.com.cy
Photos: pixabay.com, DOM

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