Baku: The Birbank Savings account introduces a new way for customers to manage their money while earning daily income. This account provides an annual interest rate of 7% for standard accounts, with interest on interest accumulation, while USD accounts offer a 2.5% return.
According to Azerbaijan State News Agency, the standout feature of this savings account is its daily interest calculation, allowing customers to increase their earnings every day their money remains in the account. The account terms are straightforward, with no minimum balance requirement, enabling users to open an account with any amount, even 0.00 AZN/USD.
Interest is added to the balance daily, and funds can be added at any time. Additionally, customers can withdraw their money whenever they wish without losing interest or incurring fees. Account management is facilitated through the secure Birbank mobile app.
The savings account is particularly suitable for individuals not interested in long-term deposits but seeking high returns with minimal risk. Its accessibility, due to the absence of a minimum balance, makes it appealing to a broad audience. Customers can open an account at any Birbank branch or through the mobile app. Birbank, a trademark of Kapital Bank, is part of PASHA Holding and operates with over 3 million active users and the largest branch network in Azerbaijan. For more information, visit Birbank.az or contact the 196 Information Center.