PASHA Bank georgia

Contact Info

[email protected]

(+995 322) 265 000

I.Chavchavadze Avenue 37M, 0179, Tbilisi, Georgia.

Business

Individuals

PASHA Bank

*2525

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.

Term of deposit	Coupon CD (interest-bearing)		Zero-coupon CD (discounted)
	Nominal	Effective	Nominal	Effective
3 < 5 - month	10.20%	From 10.69 %	10.5%	From 10.83%
6 < 11 - month	10.50%	From 10.99 %	10.80%	From 10.81%
12 < 23 - month	10.60%	From 11.10 %	10.90%	From 10.37%
24 < 35 - month	10.80%	From 11.33 %	11.10%	From 10.70%
36 - month	10.80%	From 11.34 %	11.10%	From 10.04%

Term of deposit	Zero-coupon CD (discounted)
	Nominal	Effective
3 < 5 - month	10.5 %	From 10.83%
6 < 11 - month	10.80 %	From 10.81%
12 < 23 - month	10.90 %	From 10.37%
24 < 35 - month	11.10 %	From 10.70%
36 - month	11.10 %	From 10.04%

Term of deposit	Coupon CD (interest-bearing)
	Nominal	Effective
3 < 5 - month	10.20 %	From 10.69%
6 < 11 - month	10.50 %	From 10.99%
12 < 23 - month	10.60 %	From 11.10%
24 < 35 - month	10.80 %	From 11.33%
36 - month	10.80 %	From 11.34%

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

*Effective interest rates are calculated for 5 000 units. Effective interest rates change according to the CD volume, maturity date and interest accrual method.