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With reference to the decision of the Monetary Policy Council to reduce EURO interest rates, ICBC, changed the interest rates for term deposits in euros, with fixed interest rate for individual and corporate customers. Changes are effective from 16 March of 2015.
The new euro interest rate presented in the following table:
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Currency EUR
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Interest rate
|
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EUR Saving account
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0.00%
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EUR 7 days time deposit
|
0.00%
|
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EUR 1 month time deposit
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0.00%
|
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EUR 3 month time deposit
|
0.05%
|
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EUR 6 month time deposit
|
0.15%
|
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EUR 12 month time deposit
|
0.35%
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