7,5 % PER YEAR

Preserving and growing savings is a particularly topical issue today. How to choose the most lucrative form of investment from all the various offers? One of the most common ways to grow available money is a monetary deposit in a savings and loan association (S&L).

Surely, banks and other companies also offer various deposits. But compared to those, savings deposited with the Estonian Development Savings and Loan Association has several undisputed advantages.

Calculator of interest rate on savings

Calculate the interest rate on your savings!

Your gross income per month* = 187.50

Your gross income per year* = 2 250.00

* The amount without deduction of income tax

Comparative table on deposits

 

 

 

1. HIGHER PROFITABILITY

The most important advantage which is actually the aspect that makes investing worth considering is the profitability of deposits which are indeed higher in the terms offered by the Estonian Development Savings and Loan Association compared to deposits and pension funds offered by commercial banks.

2. RELIABILITY AND GUARANTEES

The activities of the Estonian Development Savings and Loan Association (S&L) is regulated and executed pursuant to law of the Republic of Estonia.

Monthly reports to the Central bank of Estonia.

Estonian Development S&L has a guarantee fund which contains 707 000 euros as of 01.06.2017.

Estonian Development Savings and Loan Association holds it’s required reserve in Central bank of Estonia.

As of 31.12.2016, the registered share capital of Estonian Development S&L contains 256 640 euros.

An independent licenced auditor audits the Estonian Development S&L every year on a mandatory basis.

The Estonian Development Savings and Loan Association issues loans only to reliable partners, first and foremost to companies of the ERE Group and their partners who invest the loans received in highly profitable projects.

The Credit Info and Bisnode have issued credit ratings AAA and AA to companies in ERE Group.

The Estonian Development Savings and Loan Association has a balanced asset portfolio thanks to a conservative investing policy, ensuring our investors a stable provision of funds and a feeling of security.

Сравнительная таблица годовой прибыли  в процентах по вкладам в различных банках  и Eesti Arengu Hoiu-Laenuühistu

3. COMFORT AND SAVING TIME

You do not need to navigate in the variety of investment products. No need to waste time and effort trying to sort out the stock market, keep an eye on currency rates, worry about the drop of pension funds and watch the fluctuation of prices of precious metals. You just need to conclude a contract with the Estonian Development Savings and Loan Association and constantly earn stable additional income.

Amount of deposits and payments

Deposits into the Estonian Development Savings and Loan Association start from 1,000 euros. The minimum deposit period is one year. We offer special conditions for deposits starting from €100,000.

The interest on deposits is paid every month or at the end of the deposit period.

Examples on profitability on deposits compared to offers of commercial banks are provided in the table.

The figures speak for themselves: deposits work more efficiently at the Estonian Development Savings and Loan Association than in commercial banks.