As customers seek better and more efficient mid and long-term savings options to fight inflation, TBI Bank offers a wide range of maturities (up to 36 months) with top interest rates available both online and offline. The bank’s flagship product is a 36-month online deposit with a 5.5% fixed annual interest rate and represents one of the best value propositions on the market.
TBI Bank wants to become the preferred place for customers' savings. Besides great interest rates, offers 0 fees for online or offline (in the branches) account opening, administration, and depositing or withdrawing money in cash from all deposits at maturity.
Customers can easily renew their deposit at maturity if they opt from the beginning for automatic renewal and capitalization of interest, for their convenience. Moreover, Romanians can still earn 1% interest even if they need their savings before maturity and choose an early termination of the deposit if there are some unexpected necessities.
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“Being one of the most profitable banks in the SEE, TBI has consistently offered one of the best deposit rates and 2022 will be no exception. Our goal is to become the preferred place for Romanian savings through offering good returns, a variety of simple and flexible products combined with excellent customer service. Now, Romanians can further trust that indeed we offer the best value propositions on the deposit market”, says Lukas Tursa, SVP Funding.
TBI Bank can offer its highly competitive interest rates on savings not only because of its high profitability but also because of its streamlined operations brought by choosing a more cost-efficient digital path that enables the bank to share its cost savings with the customers.
Currently, TBI Bank operates in Bulgaria, Romania, Germany, Lithuania, and Greece. TBI Bank is part of 4finance, one of Europe’s largest digital consumer lending groups. Through various digital channels, and own network of 300 physical locations, and trusted partnerships with nearly 13,000 small and large merchants and retailers, TBI has a customer portfolio of 2 million clients in 2021 and issued nearly 500,000 loans.