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PASHA Bank

Certificate of Deposit

A Certificate of Deposit (CD) is a secure investment option that offers businesses a fixed interest rate over a specified term. With a higher interest rate than deposit accounts, a CD allows you to grow your savings while committing your funds for a set period. While it provides stability and predictability, it comes with limited access to your funds until maturity, making it ideal for businesses looking to maximize returns on long-term savings.
PASHA Bank offers two types of deposit certificates: Coupon CD (interest-bearing) and Zero-Coupon CD (discounted).
With a Coupon CD, you purchase the certificate at its nominal value, and the bank pays you interest either monthly, quarterly, semi-annually, or annually.
With a Zero-Coupon CD, you purchase the certificate at a discounted price, and at maturity, you receive the nominal value of the certificate. The difference between the nominal and discounted value represents your profit.

conditions:

Currency: GEL, USD, EUR 

Minimum Amount for Issuance: 5,000 GEL/USD/EUR 

Maximum Amount for Issuance: 2,500,000 GEL, 1,000,000 USD/EUR 

Tenor: 3 months – 36 months 

Interest rates for non-resident legal entities are 0,5% less. 

The disposal fee payable to the Bank: 0.1% of the Face value of CD, minimum 20 GEL.  

Repurchase Fee payable to the Bank: Current interest rate which is applicable at the Bank on remaining term (or the next closest term) of the CD + 3%. 

These interest rates are standard offers for monthly withdrawal of interest. Rates for different cases will be considered as special offers. Special offers will be defined individually. 

Effective interest rates are calculated for 5,000 units. 

Effective interest rates change according to the CD volume, maturity date and interest accrual method. 

deposit