The bank boosted the interest rates to 4.75% per year for the 1-month deposit, to 5.25% per year for the 3-month deposit, to 5.50% per year for the 6-month deposit and to 5.80% per year for the 12-month deposit, respectively.

The new offer also includes a promotion intended for individuals and clients in the category of Liberal Professions, which can access the 7-month Blitz Deposit, with an annual interest rate of 6.50%.

Libra deposits can be set up at the bank’s units or via its internet and mobile banking applications.

Libra Internet Bank was established in 1996 in capital city Bucharest and is part of U.S. investment group New Century Holdings (NCH). Libra Internet Bank specializes in funding fields such as liberal professions, real estate developers and agribusiness.