Dear clients,

BACB informs you that as of August 16, 2021 the safekeeping fee applied for institutional clients will be changed as follows:

• the time deposits in leva and euro will be included in calculation of the client’s exposure over which the fee is applied;
• the new limit is 5,000,000 leva
• safekeeping fee – 0.8% annual fee over the total client’s exposition

More detailed description you could find here.

Best regards,
BACB