Bank deposits from the position of attractiveness for investments by individuals

Abstract

Recently, the banks have been performing manipulations with increase or decrease of deposit interest rates, thus trying to maneuver risks in the sphere of the monetary policy. Deposit products of financial and credit organizations are rather popular among the population—especially among those who want to preserve and increase their savings. Still, due to interest rates’ decrease, individuals are faced with a difficult task to select a bank that offers the best terms for deposits. Each bank offers its own special terms for deposits; some offer new types of deposits with special bonuses for such operation. In case of excess of liabilities, banks try to avoid risks or bring them down to the minimum by reducing deposit interest rates—for demand for credits from potential borrowers decreases. The article views and studies financial and credit organizations and their deposit offers, with terms of opening and closing accounts that they offer for individuals. Attractiveness of deposits from the position of investing assets by potential customers is evaluated according to the criteria of interest rates, terms, minimal deposits, insurance, bonus systems, etc.