Raisin: Third partner bank starts on the pan-European deposit marketplace

Euram bank from Austria offers up to 1.5% p.a. for 24 months

Berlin, June 29th, 2016 – Raisin proudly presents its third partner bank on the pan-European deposit marketplace raisin.com: Euram Bank from Austria.

After partner banks from Poland and the Czech Republic, Raisin now adds a partner bank from Austria – an AA+ rated country.

Euram Bank, an independent Austrian private bank was founded in 1999 and has since established itself in the areas of private and investment banking for Austrian and international individuals, entrepreneurs, and institutional investors.

“We are looking forward to the cooperation”, Dr. Tamaz Geordgaze, CEO and founder of Raisin states. The level of Euram’s equity has remained at an excellent level for the last few years. As an example, the total capital ratio, amounting to 23.5% in 2015, has been consistently higher than the statutory minimum amount.

Vienna head-quartered Euram Bank offers European savers four different term deposits with maturities from 6 months to 2 years:

  • 1.05 % p.a. (AER) interest rate for  6 months term
  • 1.33 % p.a. (AER) interest rate for 12 months term
  • 1.40 % p.a. (AER) interest rate for 18 months term
  • 1.50 % p.a. (AER) interest rate for 24 months term

The minimum investment amount for each product is EUR 5,000. The national deposit guarantee scheme of Austria secures an amount up to the value of EUR 100,000.00 per bank and customer.

You can find more information about the offer and Euram Bank here: www.raisin.com/bank/Euram-bank/.

 

About Raisin GmbH

Under the brand WeltSparenRaisin GmbH has offered an online marketplace for deposit products of partner banks in the European Economic Area since 2013. With the launch of Raisin, the platform is now available across Europe. Raisin gives customers the possibility to open deposits at attractive interest rates across Europe free of charge. Previously, customers had to contend with varying, complex account opening procedures in foreign languages, sometimes requiring physical presence in the country. These are no longer a concern with Raisin.
All deposits are 100% guaranteed up to EUR 100,000 per saver and bank by each national Deposit Guarantee Scheme in accordance with EU Directives. Raisin does not charge any setup fees and currently offers interest rates of up to 1.5% via its partner banks.

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