ING Bank România introduces Business Bonus Deposit for small and medium enterprises

ING Bank România has launched an innovative savings product tailored for small and medium enterprises called the Business Bonus Deposit. This deposit allows businesses to withdraw funds at any time without losing interest, offering a competitive annual interest rate of 5.1%.

Designed for small and medium-sized companies as well as mid-corporate clients, the Business Bonus Deposit has a maturity of three months and is available in lei. Companies can open this deposit by bringing new funds to ING, with a minimum opening balance set at 1,000 lei. Notably, there is no maximum limit on the deposit amount or the number of deposits that can be opened.

Interest for the Business Bonus Deposit is calculated daily and is credited for the entire period that the funds remain in the deposit. Upon maturity, both the principal and interest are automatically transferred to the client's account. If a company needs to withdraw funds before the term ends, the transfer is executed immediately.

This new offering reflects ING's commitment to enhancing its savings solutions for businesses. With 87% of business products accessible online, many new clients can establish their banking relationship without physical interaction, often completing the process in about 15 minutes. Additionally, opening an extra account can take as little as 1 to 2 minutes.

Luana Sorescu, Head of Easy Banking within ING Bank România's Business Banking division, emphasized the importance of this product for firms that occasionally handle significant funds. The Business Bonus Deposit aims to provide a flexible and rewarding savings option for businesses looking to optimize their financial management.