XTB, the global fintech that offers an online investment platform also available as a mobile app, announces the expansion of its interest rate offer by adding RON on top of already available EUR and USD funds. With this decision, XTB becomes the first publicly listed investment company in Romania to offer interest on funds not invested in local currency.
As investors are looking for additional interest-based savings opportunities, XTB has recently decided to extend its offer to those who hold RON funds. Interest is calculated daily and paid monthly directly into clients' accounts. It applies to existing and new clients' non-invested funds, regardless of the total amount in the account.
"The decision to implement interest for uninvested funds in local currency is a further step towards strategically positioning XTB as the leading option for all types of investors, regardless of the strategies they develop. As more than 20% of our clients have accounts in lei, we wanted them to benefit from the context of higher interest rates. This benefit reinforces the list of reasons why clients still undecided about their choice of broker should opt for XTB", said Irina Cristescu, General Manager at XTB Romania.
For existing XTB clients, the current interest rate is 2% per annum for deposits in lei and euro, and 2.5% per annum for dollar deposits. New customers benefit from higher interest rates for 90 days from the date of account opening: 3.5% per year for deposits in lei, 3.8% for deposits in euro and 5% per year for deposits in dollars. Rates are subject to change and will remain valid until further notice.
For more information, including current interest rates, please visit the dedicated page on the XTB website.
The information provided by KomuniK
The SIGNAL IDUNA companies concluded 2024 with a total gross written premium volume of approximately RON 424 million, marking an aggregated growth of 16% compared to the previous year. These financial results reflect the consolidation of a sustainable development strategy, supported by portfolio expansion, digitalization, the launch of new solutions for both individual and corporate […]
Kantar Romania launched, during an event dedicated to their clients, "The Trust Factor – Building Brands That Endure Uncertainty", the top 20 brands that manage to inspire the greatest confidence among the Romanian consumers, based on the analysis of 162 brands from 12 sectors*. In a period marked by uncertainty and skepticism, trust becomes the […]
Balancing career success with personal growth is a challenge many professionals face today. As the pressure to achieve and perform increases, many begin to crave more than just success: they want clarity, alignment, and a deeper sense of purpose. For Lin Holmquist, business coach and one of Europe’s most acclaimed experts in Tantra, Yoga, and […]
CFR Călători, the state-owned railway company for passengers, announced that the first train entirely made up of rolling stock modernized with funds from the EU-backed Recovery and Resilience Fund (PNRR) was introduced on the Bucharest North – Constanța route. The train, which is already running, consists of a locomotive delivered by the Softronic factory in […]
The first edition of Urban Habits (nUH), a festival aiming to be “a space for ideas, debates, co-creation, and experimentation,” takes place between April 26 and April 27 at Lokal and on Erou Ion Călin Street, which will be temporarily transformed into a pedestrian space. The program will address themes ranging from innovation, design, and […]
Mall Moldova, the largest shopping center in the Moldova region, officially opened on April 17 in Iași, covering 110,000 sqm. Developed by Prime Kapital, in partnership with MAS P.L.C., Mall Moldova is part of a large-scale investment plan carried out by the two investors in Iași, worth approximately half a billion euros, which also includes […]
