Clients invested more than UAH 1 billion in domestic government bonds from portfolio of the OTP BANK
Since the service was launched in May 2024 the amount of sales of the domestic government bonds from OTP BANK`s own portfolio exceeded UAH 1 billion in equivalent. About this told product owner of the OTP BANK Valeriia Ovcharuk.
"We offered our clients wider opportunities for purchasing government bonds, made it possible to buy them easily and quickly, to independently choose the time, optimal rate and investment period. The new service is in great demand: the volume of domestic government bonds sales from the Bank's portfolio has already crossed the mark of UAH 1 billion in equivalent. We see that the clients are most interested in bonds denominated in foreign currency with a maturity of up to 1 year,"- V. Ovcharuk said.
In total almost 1 thousand of individual clients used the service for domestic government bond purchase from Bank`s portfolio via OTP Bank UA app. The service is available for all citizens, who opened the bonds account in any branch of the Bank.
Bonds purchase is an efficient and save instrument, because repayment is 100% guaranteed by the state and does not contain the risk of "freezing" funds for a long time. If necessary, the client can use the right of early sale of previously purchased securities in part or in full. Such an investment does not require payment of personal income tax.
This is an opportunity not only to reliably save and multiply your funds, but also to support the economy of Ukraine, since bonds are sold also for financing the needs of the state budget.
At the same time, the Bank provides clients with the opportunity to buy domestic state loan bonds through the OTP Bank UA app directly at the auctions of the Ministry of Finance. In particular, at the auctions of the Ministry of Finance, clients purchased domestic government bonds worth almost UAH 5.9 billion equivalent.
To remind, OTP BANK for the convenience of customers launched in May the service of purchasing domestic government bonds from its own portfolio in the OTP Bank UA app.
You can learn more about the investment via the link.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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