Unicredit Bank in Serbia - 12% AER p.a for EUR

Italian bank UniCredit Bank branch in Serbia, one of the largest financial institutions in Europe is paying deposits at 1% per month up to 10 months. This works out to be 12% Annual Equivalent Earnings (AER).

If you are resident in one of these countries, you will not pay the 20% withholding tax

Uzbekistan - 24% p.a.

As at October 2009 the Average term CD rates in Uzbekistan banks were:

• in UZS is 23.9% p.a.
• in USD is 7.6% p.a.
• in EUR is 6.3% p.a.