MBC Enters the Market with a Unique Deposit: Highest Yield, Flexible Dates, and 100% Insurance

Saving is becoming even simpler and more rewarding. MBC has introduced a deposit that sets a new market standard for generating returns. This offer is available in both GEL and USD for individuals and legal entities.

The highest return on the market, 100% insurance, flexible dates, and the ability to add funds at any stage – these components define the uniqueness of MBC's new term deposit. Furthermore, the product stands out for its exceptional flexibility: savings can be placed for any duration, including periods exceeding two years.

Regarding the deposit terms, the effective interest rate for deposits in GEL is up to 13.5%, and up to 6.8% in USD. Notably, MBC offers customers unprecedented market returns across all maturity periods.

"Often, customers had to make a difficult choice between high interest rates, security, and the ability to add funds to a term deposit. Moreover, in the past, a high rate was often associated with significant risks. MBC worked hard to overcome this barrier, and we have created a product where the customer receives maximum returns, 100% insurance, flexible dates, and the freedom to add funds all in a single package. This offer is especially important for micro, small, and medium-sized businesses–caring for this segment is our strategic priority, and I can confidently say that no one else in the market today can provide them with such a combination of high returns and security," notes Gia Petriashvili, CEO of MBC.

Gia Petriashvili, CEO of Microbank MBC, adds:

"We believe that every individual and business deserves to have the results of their hard work kept safely while generating high returns. It is based on these criteria that we created a product distinct from our competitors. An MBC customer's savings are guaranteed to be secure, and the interest rate is the highest in the banking sector, complemented by the option to add funds. Furthermore, it should be noted that our customers have the opportunity to define a specific desired maturity date based on their goals. I would also like to emphasize that MBC has been operating in the Georgian financial market since 2013, and during this time, we have served over 220,000 people across 18 service centers nationwide. The company's high credibility is also evidenced by our long-standing cooperation and exemplary reputation among local and international partners. MBC's partners include major international financial organizations such as ResponsAbility, Symbiotics, DWM, Triple Jump, Incofin, and others."

MBC is the first microbank licensed by the National Bank of Georgia. Regarding deposits, it complies with the same strict regulations as the large banks operating in the market. At the same time, MBC is the first and only microbank in the Georgian market backed by the Pension Agency of Georgia as an investor, further highlighting its institutional stability and high level of accountability.

"We are confident that customers will carefully evaluate the existing deposit offers on the market and make a decision in favor of MBC. At MBC, their savings will have 100% security and will deliver the highest returns from the very first day," states Gia Petriashvili.