Bank - for the client, not the client for the bank

In general, the development of society, increasing people's prosperity is largely dependent on a focused and balanced monetary policy. Therefore, in our country, particular attention is paid to improvement of the banking and financial institutions, their economic empowerment. This process is based on the principle of Bank - for the client, not the client for the bank, "that is to prioritize the interests of the population. What is the basis to "wake" at the present time, despite the economic, instability, interest and trust in society to the banks? The interest and confidence are influenced by many factors. Banks have become more and more attention paid to the quality, competence, personal approach and speed of customer service. Workshops, seminars and conferences held by banks, and who now represent a growing interest in the society and raise the level of financial literacy of consumers, thereby strengthening public confidence in the banking system. As well as taking timely measures to ensure the protection of deposits and bank secrecy, providing customers with the issuance of money from their deposit accounts at banks, on demand and without restrictions. Including increasing the amount of guaranteed insurance benefit up to 700,000 rubles for all accounts of individuals (DIA). The system for granting loans to individuals, including consumer and micro credits. Consideration of the banks' clients, primarily as a "reliable partner", providing full safety of their deposits, creating the necessary conditions to investors could use their own money at its discretion and without any restrictions - compliance with these requirements and is an important condition for raising the trust of our customers Bank, further strengthening their relationship. Banks, like any entity, for a stable commercial activities make extensive use of its resources, as well as customers invested funds. If each contributor will be adamant in ensuring the full security of their money in the bank, their timely return, the stability of interest, preserving the confidentiality of all information related to those issues, his interest in keeping their free cash in the bank and generate additional revenue will increase. In direct proportion will increase and public confidence in the banking system as a whole. What investment products provide the most reliable and risk-free means to preserve the private investor, which has relatively little savings? Products aimed at preserving and strengthening the welfare of potential investors, today many. The traditional and most reliable way to save their money are - deposits, bank cards with the possibility of interest on the remainder. For example, our bank has developed a crisis management contribution "Exclusive", where even minimal investment 5000 rubles saver is guaranteed to receive 18% of income in rubles, and with the capitalization of 19.6%, the high rate of previously accrued only by investing several million rubles, and now such rates are available and affluent investors. These methods are saving carry two major benefits: a fixed income and protect depositors' interests at the state level. State guarantees are provided in the form of deposit insurance and strict control of compliance with regulations of the Central Bank to monitor the implementation by banks of their obligations to depositors. I note that the insurance shall be funds of individuals, regardless of nationality, which are on deposit and bank accounts amounting to 700 000 rubles. Such a method of embedding a very reliable, but ultra-high revenues from it should not wait. If the same investor in varying degrees of risk ready, you can use the tools offered by the stock market, and put money in mutual funds (mutual funds), OFBU (general funds of bank management), or choose an individual investment strategy, create your own investment portfolio. However, the choice of investment instruments, it is necessary to take into account the fact that the state does not guarantee returns of mutual funds, and that the value of units may go up or down. Investing in securities carries a high risk, but the income from this type of investment is higher than on bank deposits. Having defined the same time, how much risk you're willing to go, and what level of income would expect from investing by reading suggestions from banks and asset managers, then we can understand what kind of investment product is right for you. What counter-arguments can be countered by the widespread opinion that the banking products do not cover inflation, and therefore ineffective? The view that banking products do not cover inflation, and therefore ineffective, in my opinion - an opinion of those people who do not follow the changes in the banking sector and economy as a whole - namely, interest rates at which banks offer the allocation of funds to population . The current economic situation in Russia and around the world in general encourage people to look for a variety of conservation techniques savings. Money is the criterion of welfare of each person, and their increase - to improve welfare. The most clear and conservative way to preserve and increase savings - bank deposit. With rising inflation, the Bank offers its customers a variety of contributions that will not only help preserve capital, but also multiply - it's currency and ruble deposits at favorable interest rates. And the same can be said that to date rates that banks offer on deposits higher than inflation rate in the country. You can also add that at present banks are providing a diverse selection of the investor, in terms of opening new deposits at high interest rates (term foreign currency deposit, the amount of down payment, interest payment options - monthly, at the end of the term; automatic renewal or transfer of a sum contribution to any other account, ways to replenish the deposit), which also can serve as a counterargument to the view that "banking products do not cover inflation, and therefore ineffective." With regard to the form of deposits, then I advise to pay attention to the multi-currency deposits. Such a contribution can be opened in multiple currencies (dollars, euros, rubles) and depending on the situation in the market to convert money from one currency to another. In addition to multicurrency deposits, banks offer their depositors revolving deposits, deposits with a partial withdrawal. Their charm is that the investor has the opportunity to make additional contributions (eg, receiving a regular salary or bonus), as well as withdraw the funds when they suddenly urgently needed. What approaches to the diversification of savings you can offer to potential customers of the bank (for some products you can diversify, how to approach to the allocation of funds in different currencies?). Unambiguous answer to the question in what currency to keep savings in time of crisis will not give you, probably none. It all depends on each situation. However, there is a universal advice - savings spread between currencies: U.S. Dollars, U.S. Dollars and Euros. The share of each currency in the total amount of savings, again, depends on the individual situation. But of course most advantageous to keep money in the currency will rise against other currencies. But how to know it fairly? For example, increase or decrease in the ruble exchange rate is largely dependent on oil prices in world markets. Concerning further changes in the dollar and the euro - an opinion analysts today diverge. In this regard, there is a need to respond quickly to possible growth or depreciation of a currency. In this situation, I advise potential investors to take advantage of a multi-input, which allows you to quickly convert the entire amount of the deposit, or part of the contribution of one currency into another without loss of previously accrued interest on the deposit. But it should be a balanced approach to the issue of changes in deposit currency, eg, from rubles to dollars or euros, and not succumb to excitement in the case of a minor currency fluctuations. On the return of currency exchange into rubles you can lose a few percent, which could undermine the "no" every effort to keep savings. If you still decided to keep their savings in foreign currency, it is better to be divided between a dollar and the euro in the same proportion in which they enter the two-currency basket of the Central Bank of Russia, which today consists of 55% from U.S. dollars and 45% of Euro. Deposits with capitalization. What are the benefits that such an effective rate? As mentioned earlier, to date, banks offer their depositors fairly diverse range of contributions. Naturally when a deposit each investor seeking maximum profit, improve its financial position and protect their assets from inflation. Deposit rates today are high enough. However, there is a way to increase the yield on deposits even more. Namely - the capitalization of accrued interest to the deposit amount. To make a choice in favor of a contribution and to determine their profitability, we must consider what options interest are used by banks. Consider the most common variant of calculation of interest, such as charging interest at the end of the contribution, that is, the contribution is not prolonged and the capitalization of interest is not made, interest at the end of term deposit, where the capitalization of interest occurs when the rollover contribution, the quarterly interest accrual for interest capitalization on a quarterly basis and a monthly interest charge from the capitalization of interest on a monthly basis. What is interest capitalization? This is a process in which the accrued interest is added to the deposit amount, and the next Interest Period will be calculated already on the entire deposit amount, taking into account the previously capitalized interest. Consequently, the contributions pledged to the cap meant that regularly charged interest on the deposit until the end of its term, you will not be paid, but only added to the contribution to the next accrual period, interest is charged is a new, increased amount. Capitalization of interest can be a single, annual, quarterly, monthly or even daily. This method of payment of interest allows the investor to receive an additional one and a half percent or more of income on the deposit. The effective interest rate on the deposit represents a real amount of interest income relative to the initial deposit amount. The effective rate is higher than the base (nominal) as well as in the calculation of effective interest rate, additional income for the contribution (the capitalization of interest). How do those who want to keep their savings in the bank, but have access to them at any time? In the line of deposits of all banks, including in ROSENERGOBANKE, have deposits that fully meet these requirements of depositors. These are contributions that allow a partial withdrawal of the deposit without losing interest, and if the investor would need all the amount of the deposit until the expiry of the deposit agreement, provided an early termination rates, which depend on the actual number of days to find funds on deposit.