A deposit with increasing interest every year
If you wish to invest while benefiting from increasing interest rates each year, and at the same time maintain the flexibility to withdraw without losing the interest already earned, then the best solution is the Matrushka Deposit.
You may choose to open the Matrushka Deposit in one of the three available currencies: ALL, EUR, or USD.
The Matrushka Deposit is offered with a 6-year maturity.
The interest rates you will benefit from are predetermined at the moment of investment, based on the applicable interest bulletin for the Matrushka Deposit for the respective year and currency. Your earnings will not be affected by changes in market interest rates.
Interest is earned every year and there is no requirement to return it even if the deposit is withdrawn before the 6-year maturity.
- Penalty in case of early closure: Only the interest of the intermediate period is lost.
- Current average interest rates:
- ALL – 2.51%
- EUR – 1.59%
- USD – 2.61%
The Matrushka Deposit is not automatically renewable. If you wish to renew your investment, you must sign a new contract with the interest rates applicable at the moment of reinvestment.
Based on the law "On Deposit Insurance" no. 53/2014, dated 22.05.2014, accounts and deposits in BKT are insured up to 2,500,000 (two million five hundred thousand) Albanian lek by the Deposit Insurance Agency – Faqja Kryesore